TITLE

Could LOAN-MOD DEFAULTS Kill the Recovery?

AUTHOR(S)
JONES, ALLEN H.
PUB. DATE
February 2013
SOURCE
Mortgage Banking;Feb2013, Vol. 73 Issue 5, p38
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the effect of the re-default rates of loan modification on the housing recovery in the U.S. It discusses the H.R. 8, the American Taxpayer Relief Act of 2012. The act includes the extension on the mortgage debts on short sales. It also discusses the impact of the Federal quantitative easing (QE) policies on loss mitigation. It also presents statistics related to short sales, foreclosure sales and loan modification.
ACCESSION #
85487024

 

Related Articles

  • Are Servicers Ready For the Next WaveOf Defaults? Bergseth, Amy // National Mortgage News;12/15/2014, Vol. 39 Issue 13, p1 

    The article focuses on the quantitative easing program of the government while mentioning author's suggestion on providing assistance to mortgage servicing industry by professionals who specializes in foreclosuresand real estate owned properties. It mentions the increase in risk mitigation with...

  • How Quantitative Easing Affected Mortgage Refinancing. Gorman, Linda // NBER Digest;Dec2016, p1 

    The article discusses the impact of quantitative easing on mortgage refinancing in the U.S.

  • Posen says UK may need more QE. Tolley, Steve // Money Marketing (Online Edition);5/18/2012, p12 

    The article reports that British Monetary Policy Committee (MPC) external member Adam Posen has said that he is considering voting for more quantitative easing (QE) at the next meeting of the committee. The MPC voted to expand its asset purchase scheme by 75 billion pounds in September 2011 and...

  • LENDING ZONE: Mortgages and the art of illusion.  // Engineer (Online Edition);2/28/2011, p31 

    The article focuses on the condition of the mortgage sector in Great Britain. It notes the effort of the government to spend on quantitative easing and implement the Project Merlin, aimed at increasing lending to small businesses, capital requirements and liquidity permitting. However, it also...

  • Refis Will Strengthen Despite Rate Concerns. Finkelstein, Brad // National Mortgage News;3/23/2015, p1 

    The article presents the views of U.S-based mortgage industry consultant Barry Habib regarding the possibility of mortgage refinancing in 2015. Topics discussed include increase in the value of U.S dollars in comparison of other currencies as European nations are entering into quantitative...

  • Lord Turner: Prepare for 'indefinite' low interest rates. Sands, Mark // Mortgage Strategy (Online Edition);2/10/2016, p6 

    The article presents views from Adair Turner, former chairman of Financial Services Authority (FSA), on low interest rates in the mortgage market in Great Britain. Turner believes there are inadequate inflation and way out of the debt problems because of populist movements and political...

  • 'No fixed calendar': Fed shocks by holding off on tapering. Morris, Pamela // Fundweb;9/19/2013, p15 

    The article reports that levels of quantitative easing program of the U.S. Federal Reserve will remain same till the sustained recovery of the U.S. It states that Federal Reserve is also planning to reduce its bond purchase plan of 85 billion dollars per month. It further mentions that...

  • Current fixes are as good as it gets. Finlay, David // Mortgage Strategy (Online Edition);8/7/2013, p48 

    The article comments on the escalation of swap rates, as of August 2013, after initial reports emerged of the U.S. Federal Reserve looking to wind up its program of quantitative easing. It tackles whether the average potential homebuyer or homeowner is aware of the influence of swap rates on...

  • Banks Increase Hiring to Meet Home Loan Demand.  // American Banker;11/21/2012, Vol. 177 Issue 178, p16 

    The article gives information about the U.S. mortgage lending market and notes some banks are hiring and transferring staff in response to the demand for mortgage loan refinancing. The Bureau of Labor Statistics reported employment tied to mortgages increased to 285,000 for the year through...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics