November 6, 2017
A Shortage of Short Sales
Calvin Zhang of the Federal Reserve Bank of Philadelphia has posted A Shortage of Short Sales: Explaining the Under-Utilization of a Foreclosure Alternative to SSRN. The abstract reads, The Great Recession led to widespread mortgage defaults, with borrowers resorting to both … Continue reading
November 6, 2017 in foreclosure | Permalink | No Comments
October 2, 2017
Foreclosure Alternatives
Realtor.com quoted me in 3 Foreclosure Alternatives: What to Do Before Your Mortgage Goes Underwater. It opens, Maybe you’ve missed a couple of monthly mortgage payments. Maybe a notice of default from your lender is looming right now. You understand the severity of … Continue reading
October 2, 2017 in foreclosure | Permalink | No Comments
May 15, 2017
Buying a Foreclosure or Short Sale
DailyWorth quoted me in Should I Buy a Foreclosure or Short Sale? It reads, in part, I’m looking to buy a new home, and I’ve noticed that there are a couple of “short sale” and foreclosed homes in the area where … Continue reading
May 15, 2017 in foreclosure | Permalink | No Comments
January 27, 2017
Foreclosure or Short Sale?
BeSmartee.com quoted me in Which One Is Worse: Foreclosure or Short Sale? It opens, If you’re faced with either a foreclosure or a short sale situation and aren’t sure what to do, read on. We asked some experts which one is … Continue reading
January 27, 2017 in foreclosure | Permalink | No Comments
August 3, 2016
The Future of Mortgage Default
The Consumer Financial Protection Bureau has shared its Principles for the Future of Loss Mitigation. It opens, This document outlines four principles, Accessibility, Affordability, Sustainability, and Transparency, that provide a framework for discussion about the future of loss mitigation as … Continue reading
August 3, 2016 in foreclosure | Permalink | 1 Comment
August 2, 2016
Tax Liens and Affordable Housing
NYU’s Furman Center has released a Data Brief, Selling the Debt: Properties Affected by the Sale of New York City Tax Liens. It opens, When properties in New York City accrue taxes or assessments, those debts become liens against the … Continue reading
August 2, 2016 in foreclosure | Permalink | No Comments
July 1, 2016
The Sloppy State of the Mortgage Market
I published a short article in the California Real Property Law Reporter, Sloppy, Sloppy, Sloppy: The State of the Mortgage Market, as part of a broader discussion of Foreclosures Following Problematic Securitizations. The other contributors were Roger Bernhardt, who organized the discussion, as well as … Continue reading
July 1, 2016 in foreclosure | Permalink | No Comments
