Posts Tagged ‘DELINQUENCY’The State of the Markets – 11/3/2009This post first appeared in the November edition of Cirios Trends: Getting to the Bottom of the Housing Market Of the myriad debates ongoing at a time when economics and politics are seemingly two heads of the same freakish snake, the role government should play in directing economic actions dominates an already ideologically charged arena. [...] Banks Rev Up Foreclosure MachineBy ANDREW JEFFERY This post first appeared on Minyanville. For almost 2 years, we’ve been told government-backed loan modification efforts and foreclosure moratoriums would help ease the pain of the ongoing housing crisis. It’s not working. Despite recent calls to the contrary — this morning’s came courtesy of real-estate mogul Sam Zell — residential home prices are still in free [...] JPMorgan Tackles Troubled MortgagesThis post first appeared on Minyanville. The mortgage bailout parade marches on. Just days after rival Bank of America (BAC) announced plans to modify hundreds of thousands of mortgages, JPMorgan (JPM) released details of a homeowner rescue plan of its own on Friday afternoon. Following its takeover of both Bear Stearns and Washington Mutual, JPMorgan’s inventory of [...] |