Tags » Negative Equity

How does negative housing equity interact with the decision to default?

 

Michael Seiler thinks it might be this way… see his paper below for more details.

 

Seiler, Michael Joseph, Determinants of the Strategic Mortgage Default Cumulative Distribution Function (June 20, 2014). 12 more words

Blogpost

Lest you forget the International Buyer

One of my friends requested that I comment about the Profile of International Home Buyer therefore to satisfy my friend’s request I am providing an update for you regarding International buyers’ purchasing trends. 314 more words

South Florida Real Estate

Home equity is soaring, yet many owners are still underwater on loans

WASHINGTON — If you’re like most homeowners, it’s your biggest asset. You can’t track it online or check monthly statements sent to you by a bank, but it’s crucially important for your personal financial well-being and your retirement planning. 617 more words

Homeowners

National Treasury Management Agency

We were always taught that pensions were sacrosanct, that they were different. A pension was a special kind of saving one made and certain rules applied in respect of it. 1,505 more words

Speeches

Home equity leaps ahead, though mortgages remain underwater for millions of owners

If you’re like most homeowners, it’s your biggest asset. You can’t track it online or check monthly statements sent to you by a bank, but it’s crucially important for your personal financial well-being and your retirement planning. 569 more words

Mortgage & Market News

Why So Serious? House Price Rises and why it’s a good thing.

The recent calls for the Government to do something about the rising price of houses has been strangely disconnected from the debate about the restoration in the collapsed value in houses, or more appropriately, mortgage debt. 782 more words