2 Articles match "Michigan","Negative Equity","Number"
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The Latest from RealtyTrac
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ARM'd and Dangerous?
Jonathan does his usual fine job of trying to help everyone keep the numbers in context. 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. Thats a pretty reliable formula forhigh foreclosures: No job + no equity + no homebuyer = distressedhomeowner. 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
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ARM'd and Dangerous?
Jonathan does his usual fine job of trying to help everyone keep the numbers in context. 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. Thats a pretty reliable formula forhigh foreclosures: No job + no equity + no homebuyer = distressedhomeowner. 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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July Foreclosure Report
Many more are losing their homes.
www.foreclosurepulse.com
- Tuesday, December 16, 2008