Reducing Foreclosures

Reducing Foreclosures PDF Author: Christopher Foote
Publisher: DIANE Publishing
ISBN: 1437928773
Category : Law
Languages : en
Pages : 53

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Book Description
Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.

Reducing Foreclosures

Reducing Foreclosures PDF Author: Christopher Foote
Publisher: DIANE Publishing
ISBN: 1437928773
Category : Law
Languages : en
Pages : 53

Get Book Here

Book Description
Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.

Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures

Legislative and Regulatory Options for Minimizing and Mitigating Mortgage Foreclosures PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 280

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Book Description


Foreclosure Prevention

Foreclosure Prevention PDF Author: United States. Congress. House. Committee on Oversight and Government Reform
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 468

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Book Description


New Ideas to Address the Glut of Foreclosed Properties

New Ideas to Address the Glut of Foreclosed Properties PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing, Transportation, and Community Development
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 80

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Book Description


Making Big Money Investing in Foreclosures

Making Big Money Investing in Foreclosures PDF Author: Peter Conti
Publisher: Dearborn Trade
ISBN: 9780793173655
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
The key to making money in real estate is finding motivated sellers. Financial trouble is often the single biggest motivator. From finding properties in foreclosure, to negotiating with sellers in financial distress, to reselling the properties to realize healthy profits, Making Big Money Investing in Foreclosures without Cash or Credit is a comprehensive money-making guide. Best-selling authors Peter Conti and David Finkel pull all the steps together into a seven-step action plan, so that investors can apply what they have learned and start making money.

Subprime Mortgages, Foreclosures, and Urban Neighborhoods

Subprime Mortgages, Foreclosures, and Urban Neighborhoods PDF Author: Kristopher S. Gerardi
Publisher: DIANE Publishing
ISBN: 143792879X
Category : Self-Help
Languages : en
Pages : 39

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Book Description
Analyzes the impact of the subprime mortgage crisis on urban neighborhoods in Mass. Explores the topic using a data set that matches race and income info. with property-level, transaction data. Much of the subprime lending in the state was concentrated in urban neighborhoods and that minority homeownerships created with subprime mortgages have proved exceptionally unstable in the face of rapid price declines. Subprime lending did not, as commonly believed, lead to a substantial increase in homeownership by minorities but instead generated turnover in properties owned by minority residents. The particularly dire foreclosure situation in urban neighborhoods actually makes it somewhat easier for policymakers to provide remedies. Illus.

Foreclosure Mitigation Under the Troubled Asset Relief Program

Foreclosure Mitigation Under the Troubled Asset Relief Program PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 176

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Book Description


TARP Foreclosure Mitigation Programs

TARP Foreclosure Mitigation Programs PDF Author: United States. Congressional Oversight Panel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 196

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Book Description


Foreclosure Problems and Solutions

Foreclosure Problems and Solutions PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 544

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Book Description


Promoting Bank Liquidity and Lending Through Deposit Insurance, Hope for Homeowners, and Other Enhancements

Promoting Bank Liquidity and Lending Through Deposit Insurance, Hope for Homeowners, and Other Enhancements PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 208

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Book Description