Activist investors critique Zillow, Trulia deal

Activist investors critique Zillow, Trulia deal

Valuations skyrocket while earnings expectations have fallen

CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet

4 factors weighing down housing in the second half of 2014

Will housing collapse?
W S

Items Tagged with 'Strategic default'

ARTICLES

FHFA watchdog sounds alarm on $4.6B loss

GSE fails to recover losses from strategic defaulters
September 25, 2013
"I think it reinforces the current nature of mortgage finance policy, which is not to hold borrowers responsible. This isn’t just about Freddie, but it’s also about these borrowers sticking it to the taxpayer," Mark Calabria of the Cato Institute said.
Read More

Strategic defaulters are out of luck in Ireland

August 12, 2013
One country across the Atlantic is taking a hard-line approach when dealing with strategic defaulters.
Read More

To strategically default or not? That is the question

July 26, 2012
The housing crisis brought several new words into the American lexicon, including the oft used phrase "strategic default."But is the strategic default option worth it for...
Read More

Slashed FICO score will not discourage strategic default

April 12, 2012
In a blog Thursday, FICO detailed the results of a survey on the likelihood of increased strategic defaults. The answer overwhelmingly pointed to the notion that...
Read More

Oklahoma reaches its own foreclosure settlement

February 9, 2012
Oklahoma Attorney General Scott Pruitt reached his own settlement with top mortgage servicers.Pruitt was the only AG not to sign the $26 billion multistate deal that...
Read More

More than 40 states to sign foreclosure settlement

February 6, 2012
More than 40 states will sign a settlement with the top five mortgage servicers over alleged foreclosure abuses that arose more than one year ago, Iowa...
Read More

The new slap in the face of foreclosure

September 20, 2011
Every American upset with the state of mortgage lending should read the Fox Business News article on strategic default in order to meet the "New Face of Foreclosure." Strategic defaulters are underwater borrowers who intend to remedy their "upside-down situation" by simply walking away from their mortgages. The Fox Business article paints a clear picture of a 67-year-old strategic defaulter who is walking away from a $166,000 loan.
Read More

Tracking down strategic defaulters to collect the second lien

March 28, 2011
Homeowners who strategically default, that is those who walk away from mortgage obligations despite the ability to pay, are Leo Stawiarski's bread and butter lately.
Read More

Recovering from foreclosure: Prime vs. subprime borrowers and strategic defaults

November 10, 2010
Even though a foreclosure remains on an individual's credit history for seven years, the credit score can recover in as little as two years, but there’s a hitch.
Read More

Who, in the End, Will Strategically Default?

March 1, 2010
Two different research teams look at the question from two different sides. Let’s start with the dark side: the borrowers who ruthlessly put the house back to the servicer. Then we’ll move on to some researchers we don’t hear from often enough, who start by trying to quantify the bright side: the borrowers who won’t drive away from the house. Ruthless Default
Read More