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20 Apr 2010, 6:59 am
But delaying is not necessarily great for the market, and depending on how it was done, it may also be bad for the foreclosed borrower. [read post]
18 Aug 2009, 5:42 am by Carmen Dellutri
Also, this is a great reason why Congress needs to rethink the Bankruptcy Code for two reason, debt limits in a Chapter 13 and modifications of first mortgages on homesteads. [read post]
11 Jul 2009, 7:03 pm
I mention this not as a claim to be any great market savant as I gather my information from all the same news and business sources as everyone else. [read post]
30 Dec 2008, 5:07 am
Right now, in Southwest Florida, we have too many people who are liquidating their 401K plans and IRAs just to have a roof over their heads. [read post]
21 Oct 2008, 12:03 pm
This is an issue of great concern, and I will continue to monitor it closely. [read post]
20 Dec 2007, 4:41 pm
Is the mortgage crisis, as Ohio’s state treasurer says, the defining issue of our time? [read post]
29 Oct 2007, 9:08 pm
As a Consumer Bankruptcy Attorney in Southwest, Florida, one of the most frequently asked questions in a bankruptcy consultation is: Should I surrender my home now that the value of the home is $50,000, $60,0000, $80,000 less than what I owe on the mortgage(s). [read post]
16 Aug 2007, 8:40 am
"We will not be funding loans tomorrow," wrote Erik Lutz, the president and founder of Great Southwest....First Magnus has described itself as "one of the largest privately held mortgage banking operations" in the country, lending in all 50 states. [read post]
20 Mar 2007, 8:33 pm
This reminds me of the bloodbath of the 1980s in the banking and savings and loan sector in the Southwest. [read post]