NO….Really….Bailouts Have Discouraged Banks From Lending…
John Tamny, 05.17.10, 06:00 AM EDT After a near-death experience, formerly insolvent banks are being overly cautious. According to Federal Reserve statistics, U.S. banks have reduced corporate lending in each of the last 12 months. A still uncertain economic outlook...
Curtis Jackson(50 Cent)Not Alone In Falling Home Values…Strategic Default Short Sale?
50 Cent (Curtis Jackson) Was $18.5 million Now $10.9 million Price cut: $7.6 million Rapper 50 Cent thought he had a steal when he bought Mike Tyson's former home in Farmington, Connecticut, which he purchased from Tyson's ex-wife for just $4.1 million (She originally...
Shift Of Focus From Owning To Renting…Strategic Default Short Sales?
By: Diana Olick CNBC Real Estate Reporter The Administration isn't officially considering it, maybe not "actively" considering it, not even taking a side on it per se. According to "staff" it was just a "musing." At a small conclave of reporters, no cameras allowed,...
Strategic Short Sale Default…NBC Video…Banks Are Walking Away!
We are going to be posting a series of videos, please watch them. Our housing market is in serious trouble, walking away from your mortgage and foreclosing with your lender is not going to help the housing market recover or help you long term in most cases. There is a...
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