The Oldest and Most Trusted Real Estate News Magazine

Posts Tagged ‘ default ’

FHFA Paper: “The Marginal Effect of First-Time Homebuyer Status on Mortgage Default and Prepayment”

By
FHFA Paper: “The Marginal Effect of First-Time Homebuyer Status on Mortgage Default and Prepayment”

Here is a new paper from FHFA Senior Economist Saty Patrabansh: The Marginal Effect of First-Time Homebuyer Status on Mortgage Default and Prepayment During the housing bubble, there an increase in first time buyers as shown in the first graph below (from paper). Also first time homebuyers defaulted at a higher rate than repeat...
Read more »

Tags: , , , , , , , , ,
Posted in Mortgage Brokers | No Comments »

Default Ceiling: Bluffing into the Nuts

By
Default Ceiling: Bluffing into the Nuts

I wrote several posts about the ”debt ceiling” debate in 2011.  The debate clearly scared many Americans and impacted the economy.  Hopefully this time the “debt ceiling” will be raised well in advance of the deadline. I prefer “default ceiling” because “debt ceiling” sounds like some sort of virtuous limit, when, in reality, the vote...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

Housing Data: Making foreclosure and default data publicly available

By
Housing Data: Making foreclosure and default data publicly available

The housing bubble and bust exposed the poor quality of publicly available U.S. housing data. One area of improvement is the various house price indexes now available that didn’t exist in January 2005 when I started this blog. But that data isn’t always timely, and the details aren’t always public. There is a long...
Read more »

Tags: , , , , , ,
Posted in Mortgage Brokers | No Comments »

Europe Update: Ireland Downgraded, Greece to default?

By
Europe Update: Ireland Downgraded, Greece to default?

• Possible Greece default. From Bloomberg: Greece May Need Debt Restructuring, Schaeuble Tells Die Welt German Finance Minister Wolfgang Schaeuble said Greece may have to seek debt restructuring if an audit in June questions its ability to pay creditors, Die Welt reported, citing an interview. Greece would have to negotiate to ease its debt...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Household debt decreased in 2010 due in part to default

By
Household debt decreased in 2010 due in part to default

Outstanding mortgage debt continued to contract over 2010 reflecting a decreased appetite for homeownership, according to economic researchers at the Federal Reserve Bank of Cleveland. Mortgage debt outstanding in the fourth quarter was down 2.5% from the same period a year ago. Other forms of household debt also decreased due in part to people...
Read more »

Tags: , , , ,
Posted in Mortgage Brokers | No Comments »

DataQuick: California Notice of Default Filings Decline in Q2

By
DataQuick: California Notice of Default Filings Decline in Q2

Click on graph for larger image in new window. This graph shows the Notices of Default (NOD) by year through 2009, and for the first half of 2010, in California from DataQuick. Although the pace of filings has slowed, it is still very high by historical standards. From DataQuick: California Mortgage Defaults Hit Three-Year...
Read more »

Tags: , , , , ,
Posted in Mortgage Brokers | No Comments »

Q&A: What is the possiblity that the US Treasury will default on it’s notes/bonds in the next 50 years?

By
Q&A: What is the possiblity that the US Treasury will default on it’s notes/bonds in the next 50 years?

www.NoteBuyingProfits.com No-nonsense Note Buying Information. Up-to-date! Hours of FREE Note Buying Training Videos, Free 1-on-1 Coaching Session! Click or Call 718-783-7605 Video Rating: 5 / 5 Question by Keep On Trucking: What is the possiblity that the US Treasury will default on it’s notes/bonds in the next 50 years? I know we haven’t defaulted...
Read more »

Tags: , , , , , ,
Posted in Note Investing | No Comments »

Sitemap Madbadcat Graphics