The ever-increasing delinquency rate broke its stride with the first statistical blip this month.
Irvine Home Address ... 74 LINHAVEN Irvine, CA 92602
Resale Home Price ...... $710,000
This week starts a showdown on mortgage-lending rules. How strong the protections will be for consumers will depend upon how successful lenders are at softening the rules proposed by Congress.
Irvine Home Address ... 67 WATERSPOUT Irvine, CA 92620
Resale Home Price ...... $750,000
Banking and housing analyst Meredith Whitney has been very accurate with her past predictions. Now she is predicting a double dip in home prices. Is she right?
Irvine Home Address ... 14 LACONIA Irvine, CA 92614
Resale Home Price ...... $650,000
The expiration of the latest government program has curtailed demand more than most analysts thought possible.
Irvine Home Address ... 37 EXPLORATION Irvine, CA 92618
Resale Home Price ...... $1,649,000
Some ideas for reforming the mortgage and housing markets are better than others. Recommending borrowers stop using fixed-rate mortgages at the bottom of the interest-rate cycle is a very foolish recommendation.
Irvine Home Address ... 28 COLDBROOK Irvine, CA 92604
Resale Home Price ...... $1,199,000
Loan modifications fail at a very high rate, not because borrowers are unemployed, but because borrowers were Ponzi borrowing, and now they are being cut off from credit necessary to continue making their payments.
Irvine Home Address ... 37 FRESCO Irvine, CA 92603
Resale Home Price ...... $1,750,000
Most borrowers who walk away from their homes, agree to short sales, or get pushed out in foreclosure assume that is the end of the matter. They are wrong.
Irvine Home Address ... 29 ANTIQUE ROSE Irvine, CA 92620
Resale Home Price ...... $1,350,000
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