Tag Archives: underwater home owners

Obama Housing Scorecard Shows Strength in Recovery

The real estate recovery is continuing to show signs of progress. The Obama administration’s Housing Scorecard shows that the number of underwater home owners has declined 11 percent since last year. What’s more, the report shows that home values are … Continue reading

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‘Mortgage Cops’ Target Strategic Defaulters

The Office of the Inspector General at the Federal Housing Finance Agency is trying to find strategic defaulters and collect on what they still owe. Strategic defaulters are often underwater home owners who walk away from their mortgages even though … Continue reading

Posted in Foreclosures, Market Statistics, Short Sales | Tagged , , , , , , , , , | Leave a comment

Obama Housing Scorecard Shows Strength in Recovery

The real estate recovery is continuing to show signs of progress. The Obama administration’s Housing Scorecard shows that the number of underwater home owners has declined 11 percent since last year. What’s more, the report shows that home values are … Continue reading

Posted in Distressed Properties | Tagged , , , , , , , | Leave a comment