| Why choose LSI for valuations? Over 40 years of experience. Broadest financial and data security. Complies with the requirements of the Home Value Code of Conduct.
Results. Because everything else is just talk.  MORE »
TODAY'S TOP STORIES
 = Premium Member News - Join Now »
Monday, April 06, 2009 Negative equity: a housing time bomb
Most of the small print about the Obama administration's plan to help beleaguered mortgage borrowers is now available. In my view, it is coherent and well thought out, but disappointing in its limited scope. The program is designed to provide benefits to owners who deserve to be helped, rather than to reduce foreclosures and stabilize home prices.
The limited scope of the program is why its cost is estimated at only $75 billion, or less than the amount required to bail out AIG. The systemic impact will be correspondingly small ... CONTINUED
Manhattan median price drops 48%
Real estate brief
Century 21 offers $221K sweepstakes
Real estate brief
Realogy CEO works on housing fixes
Business leaders will send recommendations to Congress
Other Top Stories Hope for a 'decline in the rate of decline'
Commentary: Foreclosure backlog amasses Lenders approving more short sales
Report: Six foreclosures for every short sale Move Inc. CFO to depart
Exec will stay aboard until replacement is appointed Protecting assets when spouse forecloses
In some states, one's default is another's tough luck More Headlines » | 
Full Story »
No comments:
Post a Comment