2 Articles match "Homes","Michigan","Negative Equity"
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July Foreclosure Report
This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
ARM'd and Dangerous?
He asks a question toward the end of his post about why the Midwestseems to be getting hit unusually hard with foreclosures in spite ofthe fact that both coasts saw higher price spikes in home values and ahigher percentage of "exotic loans." Jonathans question reflects a popular bias these days towardsdirectly linking the rising foreclosure rates to default rates onsome of the higher risk loans that have become increasingly popular -ARMs, interest only, negative amortization, etc. Another nice post from Jonathan Miller on his Matrix blog, "Foreclose Already So We Can Get Back To Normal" ( http://matrix.millersamuel.com/?p=568
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
ARM'd and Dangerous?
He asks a question toward the end of his post about why the Midwestseems to be getting hit unusually hard with foreclosures in spite ofthe fact that both coasts saw higher price spikes in home values and ahigher percentage of "exotic loans." Jonathans question reflects a popular bias these days towardsdirectly linking the rising foreclosure rates to default rates onsome of the higher risk loans that have become increasingly popular -ARMs, interest only, negative amortization, etc. Another nice post from Jonathan Miller on his Matrix blog, "Foreclose Already So We Can Get Back To Normal" ( http://matrix.millersamuel.com/?p=568
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
July Foreclosure Report
This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008