Foreclosure

Incentives, Initiatives & Outcomes

By: Barbara A Farkas (Editor), David F Lakatos (Editor)

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Hardcover | 18 October 2011

At a Glance

Hardcover
153 Pages

Dimensions(cm)
25.7 x 18.3 x 1.5

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$407.75

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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.

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You Can Find This Book In

Non-Fiction Accounting & Finance Finance Property & Real Estate Law Laws of Specific Jurisdictions Constitutional & Administrative Law Property Law Land & Real Estate Law Ownership & Mortgage Law Society & Culture Social Issues & Processes

Housing & Homelessness Economics Poverty & Unemployment

Preface
Incentives & Factors Influencing Foreclosure & Other Loss Mitigation Outcomes
Preserving Homeownership: Foreclosure Prevention Initiatives
"Robo-Signing" & Other Alleged Documentation Problems in Judicial & Non-judicial Foreclosure Processes
Mortgage Foreclosures: Additional Mortgage Servicer Actions Could Help Reduce the Frequency & Impact of Abandoned Foreclosures
Index
Table of Contents provided by Publisher. All Rights Reserved.

Foreclosure

Incentives, Initiatives & Outcomes

At a Glance

Hardcover

Shipping

How to return your order

Defective items

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