Foreclosure: Incentives, Initiatives and Outcomes - Couverture rigide

 
9781613243466: Foreclosure: Incentives, Initiatives and Outcomes
Couverture rigide
ISBN 10 : 1613243464 ISBN 13 : 9781613243466
Editeur : Nova Science Publishers Inc, 2011

Synopsis

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.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
Nova Science Publishers Inc
Date d'édition
2011
Langue
anglais
ISBN 10 
1613243464
ISBN 13 
9781613243466
Reliure
Relié
Nombre de pages
153
Éditeur
Farkas Barbara A, Lakatos David F
Coordonnées du fabricant
non disponible
Personne responsable
non disponible