Tags » Negative Equity

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

Are You A Prisoner

Mortgage Introducer reports on a keynote speech from Lynda Blackwell who is a mortgage sector specialist at the FCA. She discussed that lenders are getting around to altering their process for existing customers and trying to stay a little further away from them being treated as new borrowers. 104 more words

News Story

Time To Tackle Renting in Ireland

Every day radio shows and newspapers carry more evidence of our latest crisis. It’s plain to see; rent prices around the country are skyrocketing, accommodation standards are slipping and unfortunately for many, a total lack of housing is resulting in a homeless crisis the likes of which our councils have never experienced before. 480 more words

Fianna Fail

Another Wave of Short Sales on the Horizon?

According to Home.com’s April Local Market Index, 46% of the top U.S. markets have achieved full pricing recovery.  This would seem to indicate that short sales caused by negative equity are on the down-turn.  210 more words

Short Sale

Palm Beach County's share of underwater homeowners keeps falling

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Palm Beach County’s share of homeowners who are upside down on their loans keeps falling, a sign that the wrenching real estate crash is fading into the past. 93 more words


Why It'll Take You Forever to Pay Off Your Car

Get ready for an epidemic of underwater cars. No, we’re not talking about collateral damage from the recent floods in Texas — the average length of car loan terms hit a record high in the first quarter of 2015. 500 more words