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This Day in MV History: Real Estate



These articles were published on on 26th April in History. Checkout how time flies, enjoy reading!

Strategic Defaults Revisited: It Could Get Very Ugly

on Apr 26, 2011 8:00 am by Keith Jurow

Editor's note: Keith Jurow is the author of the MVP Housing Market Report.In an article posted on Minyanville last September -- Strategic Defaults Threaten All Major US Housing Markets -- I discussed the growing threat that so-called "strategic defaults" posed to major metros which had experienced a housing bubble. With home prices showing renewed weakness again, now is a good tim... Read More

Bank of America Stands Alone in Mortgage Mess

on Apr 26, 2011 11:30 am by Dan Freed - The Street

Bank of America (BAC) is well-known to mortgage-industry watchers as the most vulnerable of the big lenders to so-called "put-backs," but many may not realize the extent to which the bank distinguishes itself in this dubious category. For those who need a refresher, put-backs -- or repurchases -- relate to mortgage loans that were pooled together and stuffed into bonds known as mortgage... Read More
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