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Posts Tagged ‘strategic defaults’

Dr. Housing Bubble Blog: 5 Stories Showing Profound Weakness in the Economy – And Another Plan to Punish Strategic Defaulters

24 Jun

5 housing and financial stories showing profound weakness in the economy: new home sales break past record low dating back to 1963, prisoners using home buyer tax credit, SoCal inventory spiking, U.S. dollar multi-decade slide, and Fannie Mae cracking down on strategic default. from Dr. Housing Bubble Blog by drhousingbubble Unfortunately the storyline regarding housing [...]

 
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Posted in Finance/Economy

 

Mandelman Gives the SMACKDOWN to Donald Bisenius at Freddie Mac

12 May

Mandelman gives the absolute straight and skinny on the BS treatise from Donald Bisenius on Strategic Default – Sure – blame the homeowners and tell them to wait for the real estate markets to recover! It will only take a few more decades to get back to those inflated prices – oh wait – Japan [...]

 
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Posted in #1 Need to Know: From the Front Lines In the Banking/Mortgage Meltdown, Blog