News about Underwater Mortgages issue #8
05/22/2011
Staying AfloatPatch.comHeck, in Miami, Florida, a full 25 percent of all mortgages are not only under water – they're “in serious distress and headed for either foreclosure or short sale.” W more…
05/22/2011
THE DEBT ADVISER: Taking second mortgage, declining health threaten securityRapid City JournalI acquired a foreclosed home in Florida on which there is a $31000 mortgage. I also have a home in Illinoi more…
05/21/2011
Chicago TribuneWalking away from your mortgageChicago TribuneEarlier this month, CoreLogic reported that as of the end of March, home prices had declined for eight consecutive months, and more than 11 more…
05/20/2011
Rents Seen Rising as Poor Credit Hurts Homeownership DemandMortgage News DailyThe number of homeowners who believe their mortgages are underwater has dropped from 30 percent to 23 percent but the numb more…
05/20/2011
US mortgage company urges plan for principal cutsReutersAcross the entire mortgage spectrum, there are nearly 2 million loans that are more than 50 percent underwater, and will likely become part of t more…
Tags: Credit, Florida, Foreclosure, google, home, HUD, HUD Homes, loan, Mortgage, poor credit, Short Sale, Underwater Mortgage
Posted by Carlos Sagastume on May 22, 2011. Filed under HUD Homes.
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