The sub-prime market was the first to experience the crunch but it is certainly not the only sector.
American Home Can’t Fund Loans, May Liquidate Assets
By Bradley Keoun
American Home Mortgage corporate offices in Irving, Texas
July 31 (Bloomberg) — American Home Mortgage Investment Corp. shares plunged 89 percent after the lender said it doesn’t have cash to [...]
No, it isn’t a trick question.
No, I’m not trying to sucker people into a bash-fest.
Yes, I am a real estate investor.
Yes, I am serious. I’d really like to know what your opinion of real estate investor is and how you came to that opinion.
Yes, I know the trolls will likely try to have their fun [...]
Continue reading about What is Your Opinion of Real Estate Investors?
U.S. foreclosure filings surged 58% in H1 2007, with California skyrocketing 170% and Florida up 77%, according to foreclosure data company RealtyTrac Inc. A total of 573,397 homes were subject to some form of foreclosure filing in the period, including default notices, auctions and repossessions. Homeowners with adjustable rate mortgages (ARMs) whose monthly payments have [...]
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