bostonbubble.com Forum Index bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

SPONSORED LINKS

Advertise on Boston Bubble
Buyer brokers and motivated
sellers, reach potential buyers.
www.bostonbubble.com

YOUR AD HERE

  
Go to: Boston real estate bubble fact list with references
More Boston Bubble News...
DISCLAIMER: The information provided on this website and in the associated forums comes with ABSOLUTELY NO WARRANTY, expressed or implied. You assume all risk for your own use of the information provided as the accuracy of the information is in no way guaranteed. As always, cross check information that you would deem useful against multiple, reliable, independent resources. The opinions expressed belong to the individual authors and not necessarily to other parties.

FHA Mortgage Defaults Soaring

 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions
View previous topic :: View next topic  
Author Message
melonrightcoast



Joined: 22 Feb 2009
Posts: 236
Location: metrowest
PostPosted: Sun Mar 08, 2009 7:46 pm GMT    Post subject: FHA Mortgage Defaults Soaring Reply with quote
http://www.boston.com/realestate/news/articles/2009/03/08/fha_mortgage_defaults_soaring/
_________________
melonrightcoast ... are you?
Back to top
View user's profile Send private message
Shoeshine



Joined: 10 Nov 2007
Posts: 38
Location: Greater Lowell MA
PostPosted: Mon Mar 09, 2009 2:11 pm GMT    Post subject: Reply with quote
it is not worth trying to save people's homes

it is just a stall tactic

Quote:
Among FHA loans with instant defaults, the upward trend is especially pronounced in refinanced deals. The number of refinancings that defaulted after zero payments or one have more than quadrupled since then end of 2007 and now represent two-fifths of all instant defaults.


this home mortgage, foreclosure crisis is going to last a long time
.
.
Back to top
View user's profile Send private message
Shoeshine



Joined: 10 Nov 2007
Posts: 38
Location: Greater Lowell MA
PostPosted: Mon Mar 09, 2009 2:17 pm GMT    Post subject: Reply with quote
This is a longer version of Globe article

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/07/AR2009030702257.html

page 2 and are well worth reading

.
.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions All times are GMT
Page 1 of 1

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group