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Loan Modification

: Loan Modification & Home Loan News

The Housing Death Spiral Means A Mammoth One In Five Borrowers Will Default

By Moe Bedard

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A leading mortgage analyst predicts over 11 million homeowners will default and lose their home if the government fails to take more radical intervention. Amherst Securities Group LP, one of the most respected names in mortgage research, has trumpeted an ambitious call-to-government arms in its October mortgage report. ?The death spiral of lower home prices, [...]

Full post as published by Loan Modification & Home Loan News on October 04, 2010 (boomark / email).

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