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Foreclosure: Incentives, Initiatives & Outcomes (Housing Issues, Laws and Programs: Economic Issues, Problems and Perspectives) - Tapa dura

 
9781613243466: Foreclosure: Incentives, Initiatives & Outcomes (Housing Issues, Laws and Programs: Economic Issues, Problems and Perspectives)
Tapa dura
ISBN 10: 1613243464 ISBN 13: 9781613243466
Editorial: Nova Science Publishers Inc, 2011

Sinopsis

Since 2006, the percentage of mortgage loans that are seriously delinquent, including defaulted loans and foreclosures in inventory, has risen. One option for resolving a mortgage default is foreclosure. Foreclosure, however, is costly for borrowers that lose what might be the largest asset in their portfolios; for lenders that may not be able to recoup the outstanding loan amount, legal fees, lost revenue and maintenance costs until the distressed property is sold. This book provides an overview of servicing and a summary of the typical array of loss mitigation that servicers may offer distressed borrowers. Also discussed are regional house price movements and unemployment trends which are important drivers of mortgage repayment problems and loss mitigation outcomes.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

Since 2006, the percentage of mortgage loans that are seriously delinquent, including defaulted loans and foreclosures in inventory, has risen. One option for resolving a mortgage default is foreclosure. Foreclosure, however, is costly for borrowers that lose what might be the largest asset in their portfolios; for lenders that may not be able to recoup the outstanding loan amount, legal fees, lost revenue and maintenance costs until the distressed property is sold. This book provides an overview of servicing and a summary of the typical array of loss mitigation that servicers may offer distressed borrowers. Also discussed are regional house price movements and unemployment trends which are important drivers of mortgage repayment problems and loss mitigation outcomes.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Nova Science Publishers Inc
Año de publicación
2011
Idioma
Inglés
ISBN 10 
1613243464
ISBN 13 
9781613243466
Encuadernación
Tapa dura
Número de páginas
153
Editor
Farkas Barbara A, Lakatos David F
Contacto del fabricante
no disponible
Persona responsable
no disponible