I’m trying to track foreclosures and track delinquency rates on mortgages (# of % of people who are late on their mortgage payments). Thanks!!
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Tags: Flipping Houses, Foreclosures, Housing Market, People
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Tags: Buying Foreclosures, Government Foreclosure, Section 8, Subject Heading
Tags: Foreclosures Florida, South Florida, Thanks In Advance
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out of all the foreclosures what percentage can be blamed on ACORN?
Tags: Acorn, Foreclosures, How Many People, Statistics
So, do you mean they would rather foreclose and then sell at a discount instead of taking lower payments?
Greed does not explain it. Where’s the benefit in foreclosing??
If they foreclose they have to sell the prop@ a discount and take a loss. If they convert to fixed rates they take a smaller profit over the long term, but it’s still a profit.
Tags: Benefit, Foreclosures, Greed, Sub Prime Lenders
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