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Foreclosure: Incentives, Initiatives & Outcomes
Farkas B.A.
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Description for Foreclosure: Incentives, Initiatives & Outcomes
Hardback. Editor(s): Farkas, Barbara A.; Lakatos, David F. Num Pages: 153 pages, illustrations. BIC Classification: 1KBB; JFFB; LNSH1. Category: (P) Professional & Vocational. Dimension: 257 x 183 x 15. Weight in Grams: 474.
Since 2006, the percentage of mortgage loans that are seriously delinquent, including defaulted loans and foreclosures in inventory, has risen. One option for resolving a mortgage default is foreclosure. Foreclosure, however, is costly for borrowers that lose what might be the largest asset in their portfolios; for lenders that may not be able to recoup the outstanding loan amount, legal fees, lost revenue and maintenance costs until the distressed property is sold. This book provides an overview of servicing and a summary of the typical array of loss mitigation that servicers may offer distressed borrowers. Also discussed are regional house ... Read more
Since 2006, the percentage of mortgage loans that are seriously delinquent, including defaulted loans and foreclosures in inventory, has risen. One option for resolving a mortgage default is foreclosure. Foreclosure, however, is costly for borrowers that lose what might be the largest asset in their portfolios; for lenders that may not be able to recoup the outstanding loan amount, legal fees, lost revenue and maintenance costs until the distressed property is sold. This book provides an overview of servicing and a summary of the typical array of loss mitigation that servicers may offer distressed borrowers. Also discussed are regional house ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
153
Format
Hardback
Publication date
2011
Condition
New
Number of Pages
153
Place of Publication
New York, United States
ISBN
9781613243466
SKU
V9781613243466
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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