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Posts related to ‘defaults’

TARP Oversight Panel Say Obama Mortgage Program Ineffective

The Congressional Oversight Panel that keeps track of the TARP has a message for the Administration: The home loan modification program is moving so slowly that it cannot come close to matching ...
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Housing Stumbles Badly, Again

Home sales and home prices are supposed to improve in the spring despite the fact that government programs to encourage purchases will go away. Defaults must fall to fuel the ...
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Commercial Real Estate: No Relief In Sight

Reis, the commercial real estate survey firm, said that occupancy of office buildings hit its worst rate in the US  since 1994. Reis said the rate at which the problem was ...
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The Perfect Plan To Save The Housing Market: Eliminate All Mortgage Payments

It would be hard to come up with a better way to stop the rising rate of foreclosures than to eliminate mortgage payments altogether. The Office of the Comptroller of ...
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