Government sponsored entities (GSE), Fannie Mae and Freddie Mac, both issued new guidelines to servicers on June 1. The new stipulations allow homeowners with GSE owned or […]
The incidence of negative equity in properties is unmatched in history. 65% of residences in Nevada are drowning and the water continues to rise. See the […]
U.S. homeowners are deciding to strategically default in greater numbers. A homeowner strategically defaults by ceasing mortgage payments he could otherwise afford because the loan is […]
Tisha Black Chernine, founder and principal of Black & LoBello Law, will be discussing “Strategic Default” on Face to Face with Jon Ralston this evening, April […]
A New York Times article explains how a high credit score won’t necessarily insulate borrowers from the home-foreclosure crisis, according to a new study from FICO.