1 Articles match "Michigan","Negative Equity","Ohio"

The Latest from RealtyTrac MORE
ARM'd and Dangerous?
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 p=568
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • ARM'd and Dangerous?
    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 p=568
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE