Valuation
Latest Posts
Buy and bail, the newest trend in housing shenanigans
Jun 11, 2008It turns out that prices have fallen enough in some housing markets that existing homeowners can finally afford that second home — and then promptly stop paying on the first. The Wall Street Journal gives us anecdotal evidence of the so-called “buy and bail,” in which we see borrowers trading a new mortgage for a defaulted one:
-
Massachusetts Looks to Evaluate Lenders on Loan Modifications
Jun 03, 2008 -
April Workouts Move Higher; Evidence of Success?
May 30, 2008 -
Countrywide wants up-front payments to discuss some loan mods? So what?
May 30, 2008 -
OCC’s Dugan Calls for Withdrawal of Appraisal Pact
May 27, 2008 -
Inside Look: Real Estate Owned Gets Jumbo-Sized
May 23, 2008 -
Republicans Considering Challenge to GSE Appraisal Pact
May 21, 2008 -
Omni Financial Faces REO Pressure
May 15, 2008 -
Majority of Appraisers Have Been Pressured to Hit Target Values: Study
May 14, 2008 -
Canadian-Based Collateral Valuation Firm Expands into U.S.
May 13, 2008 -
SEC Offical: Guidance on Fair Value Accounting Might Be Needed
Apr 25, 2008
