Strategic Default – Five Years Later
October 23, 2012
“Some borrowers default because they no longer possess the ability to repay their mortgage loans. However, there is a group of borrowers who may continue
“Some borrowers default because they no longer possess the ability to repay their mortgage loans. However, there is a group of borrowers who may continue
Economist [e·con·o·mist; noun] – An expert in the production, distribution and consumption of goods and services, but is a complete idiot when it comes to
On July 11, 2012, Oregon’s mandatory mediation law will go into effect. For a summary of the law and time lines, go to my posts
Having counseled approximately two hundred Oregon homeowners drowning in negative equity, I have discovered that many, if not most, believe that somehow their lenders can
In common parlance today, a “default” denotes either nonperformance – or inadequate performance – that falls short of a written rule, guideline, or criterion. It
The risk of ***strategic default is rising among loans that have “always performed,” according to the credit analysts at Moody’s Analytics. They say as home
