http://www.multifamilyinvestor.com/strategic-defaults-its-whats-for-dinner/?utm_source=rss&utm_medium=rss&utm_campaign=strategic-defaults-its-whats-for-dinner New York / U.S. multifamily news & analysis. National apartment building deals. Fri, 03 Sep 2010 18:48:29 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.multifamilyinvestor.com/strategic-defaults-its-whats-for-dinner/comment-page-1/#comment-342 The Welfare Queen And The Credit-Defaulting Cruiser | MultifamilyInvestor Fri, 11 Dec 2009 03:17:00 +0000 http://multifamilyinvestor.com/?p=2525#comment-342 [...] while strategic defaults are a real phenomenon, they are also an overestimated one. According to the brass at Citibank, 1 in 5 mortgages default [...] [...] while strategic defaults are a real phenomenon, they are also an overestimated one. According to the brass at Citibank, 1 in 5 mortgages default [...]

]]> http://www.multifamilyinvestor.com/strategic-defaults-its-whats-for-dinner/comment-page-1/#comment-275 What’s the Current Mortgage Delinquency Rate? | MultifamilyInvestor Fri, 20 Nov 2009 22:10:13 +0000 http://multifamilyinvestor.com/?p=2525#comment-275 [...] The unemployment rate is north of 10%. The combined U-6 number for unemployed and underemployed is 17.5%. There appears to be a correlation between rising joblessness and mortgage delinquency. This, however, is not the complete picture: The good folks at Citibank estimate that 1 in 5 home mortgage delinquencies occurs by choice, not necessity. [...] [...] The unemployment rate is north of 10%. The combined U-6 number for unemployed and underemployed is 17.5%. There appears to be a correlation between rising joblessness and mortgage delinquency. This, however, is not the complete picture: The good folks at Citibank estimate that 1 in 5 home mortgage delinquencies occurs by choice, not necessity. [...]

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