Posts Tagged ‘housing’

Demand for Mortgages Plummets, But It’s Not a Winter Storm, It’s More of an Ice Age

Demand for Mortgages Plummets, But It’s Not a Winter Storm, It’s More of an Ice Age

Do the math and it’s easy to conclude that the number of homeowners unable or unwilling to move is high. If 30 percent are actually underwater, after adding sales commissions, moving expenses, and the need for a 20 percent... (Continue reading)

Adding Insult to Injury Homeowners Told to Walk Away From Loan Modifications

Adding Insult to Injury  Homeowners Told to Walk Away From Loan Modifications

President Obama and the US Treasury have told the country "If you have to pay, walk away". So, in other words, now that the private sector has finally risen up to help solve a problem the government has failed... (Continue reading)

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