President Obama last week unveiled details of a $75 billion foreclosure prevention plan designed to help seven to nine million “responsible” home owners remain in their homes with affordable mortgage payments. The official rollout date for the program is March 4.
Obama Foreclosure Plan to Help Resolve Westchester Housing Crisis|Loan Modifications
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Westchester County Strategic Default
Interesting research from PEW Local Trends that goes into great detail about Strategic Defaults.. What will be surprising to many is the dramatic increase in the number of homeowners willing to walk away from their underwater home. Just 3 years ago when we started reporting on this phenomena similar studies were done that resulted in…
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