Comments on: It Ain’t the ARM’s: What Really Causes Foreclosures

By: sash

sash — Tue, 15 Jul 2008 04:24:30 +0000

Very data driven and helpful. Thank you for posting.

By: Bank Foreclosures

Bank Foreclosures — Sat, 28 Jun 2008 22:41:11 +0000

Thanks for sharing, nice post and I agree with it.

By: Thomas Johnson

Thomas Johnson — Mon, 10 Dec 2007 17:59:18 +0000

Is there a category for “Not taking obligations seriously?” Or, calling your second, third and fourth house “owner occupied”?

If, according to NAR, in 2005-2006 40% of sales were second homes, then where are these woebegone “victims ” coming from?

By: The Mortgage Reports Blog

The Mortgage Reports Blog — Mon, 10 Dec 2007 12:01:31 +0000

Why Healthy Bodies and Healthy Marriages May Be More Important In Slowing Foreclosures Than Interest Rate Adjustments

As the largest sub-prime loan servicer in the country, Countrywide handles payments for 11.90% of the sub-prime market. That’s a massive $120 billion worth of loans. The sheer size of that portfolio is why I am publishing the above chart.

By: Teresa Boardman

Teresa Boardman — Sat, 08 Dec 2007 17:59:03 +0000

thanks for writing this. None of the people that I am talking to each week are going through foreclosure becasue of an ARM. I am finding divorce, and people we refinanced to a higher mortgage amount and can’t keep up with the payments and some job loss situations.