Post Tagged with: "mortgage default"

October 18, 2012 05:59

Another ‘Bama Boondoggle – Over Half of Foreclosures Now ‘Repeats’

It is that delaying the inevitable makes the problem worse. Had these borrowers finished the foreclosure process the first time around, housing prices would have adjusted quicker and the housing market would have also been on the road to recovery quicker.

June 21, 2012 05:08

Obama’s Executive Order Mortgage Debt Ploy Could Guarantee Re-election

“underwater homeowners” constitute a “huge powerful voting bloc” that could help re-elect Obama in November.

October 4, 2011 06:47

Fannie Mae Had Proof Of Robo-Signing Five Years Ago And Did Nothing

Fannie officials said they told a government official about the law firm’s findings in 2006. That unnamed official, who now works for Fannie’s regulator, the Federal Housing Finance Agency, said he couldn’t recall the conversation, the report says.

June 9, 2011 05:24

Homeowners who will consider strategic default doubles in one year

A report from Fannie Mae found 27% of homeowners would consider walking away. The previous year only 15% would think of defaulting on a mortgage they could still afford.