A recent article in the Boston Globe talked about the lack of incentive for banks to perform wide-scale real estate loan modifications due to...
In my previous two blogs, I introduced the definition of strategic default and compared and contrasted the population to other types of consumers with...
In my last blog, I discussed the presence of strategic defaulters and outlined the definitions used to identify these consumers, as well as other...
By: Kari Michel The U.S. government and mortgage lenders have developed various loan modification programs to help homeowners better manage their mortgage debt so that...
By: Tracy Bremmer There has been a lot of hype these days about people strategically defaulting on their mortgage loans. In other words, a...