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Explain Deed In Lieu Of Foreclosure News

Couple confused about bank's request for deed to home

THORNTON - Chris Carpenter says he has paid his mortgage on-time for the nearly seven years he has owned his home.

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Upside-Down? Go Short

In San Diego’s hemorrhaging real estate industry, it’s better to be upside-down and rich than upside-down and poor. That may sound axiomatic — it’s always nicer to be rich than poor — but carriage-trade folks whose homes are underwater can work the system more easily than poor folks in the same sorry situation.

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This is a Backgrounder On Housing

Published on August 11, 2010 by Ronald Utt, Ph.D. Backgrounder #2450 Abstract: There is no question that there is much wrong with America’s housing finance and homeownership market.

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