Tags » Negative Equity

402,000 homeowners faced with underwater mortgages in California

Imagine everyone in Oakland dealing with a financial headache, one that can affect everything from their buying power to retirement plans?

That’s the far-reaching effect of negative equity in California. 834 more words

Mortgage Assistance

Interesting Housing News

Are you knee deep in ‪Flood Insurance‬ questions?
Please join us at this Tuesday’s Coffee Corner when Amy Metz from American Strategic Insurance presents the latest updates and answers all your questions. 158 more words

Housing Economics

The Baby Boomers' dilemma - how much should we do for our grown-up kids?

One of those PR-generated stories that crop up in the British media from time to time concerns the increasing tendency of female students to hook up with so-called sugar daddies – older men who lavish cash, presents and holidays on kids half their age in return for company and, it seems, sometimes sex. 2,475 more words

Social

Hong Kong sees spurt in negative-equity home owners as property prices tumble

Source: South China Morning Post – Business feed, by Sandy Li

The number of Hong Kong homeowners who owe more than the value of their property has shot up for the first time in nearly a year and a half as property prices fall faster than expected amid a market turmoil while new flat supply is set to climb to a 12-year high. 210 more words

Financial/Societal Collapse And Dependence

In re Dekorte

(Bankr. S.D. Ind. Oct. 22, 2015)

The bankruptcy court holds that the Chapter 13 debtor cannot cram down a portion of the auto lender’s secured claim because it represents a purchase money security interest (“PMSI”) for a vehicle the debtor purchased for personal use within 910 days of bankruptcy, which is protected from cram down by the hanging paragraph of 11 U.S.C. 64 more words

Bankruptcy Court For Southern District Of Indiana