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Take a poll on strategic defaults at the bottom of this blog. If you can afford to pay your mortgage, but you are contemplating a “strategic default” because your loan is worth more than your mortgage, you might think again. Defaulting borrowers who walk-away from their mortgages who have the financial wherewithal to pay – [...] “We’re making good progress,” Ryan McMaken. [...] “I think people are much more sophisticated and aware of programs available to them than they were in the past,” Stephanie Riggi. [...] Joel Stein, in the latest issue of TIME magazine, wrote the cover story of how Las Vegas gambled big and lost big on the real estate boom. I couldn’t help think, once again, how much better off Denver is than Las Vegas. But I was shocked when I read about what appeared to me to [...] Foreclosure filings in Colorado could hit or exceed 40,000 filings this year, officials said today, following a report that tracked more than 12,000 foreclosure filings in the second quarter. “It is possible; it is not outlandish,” Ryan McMaken, who researched and wrote the second-quarter report for the Colorado Division of Housing. “The total for the [...] |
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