£18.42

Foreclosure: Incentives, Initiatives & Outcomes (Housing Issues, Laws & Programs Series) (Housing Issues, Laws and Programs: Economic Issues, Problems and Perspectives)

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Last 637 days • 637 data points (No recent data available)

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£118.59 £0.00 £25.91 £51.83 £77.74 £103.65 £129.56 10 June 2024 16 November 2024 24 April 2025 30 September 2025 08 March 2026

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152 days · current 20 days 258 days 75 days 132 days 0 65 129 194 258 £8.85-31 £31-53 £53-75 £75-97 £97-119 Days at Price

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Most common range: £53-75 (258 days, 40.5%)

Price range: £8.85 - £119

Price levels: 5 price ranges over 637 days

Description

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 price movements and unemployment trends which are important drivers of mortgage repayment problems and loss mitigation outcomes.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
18 October 2011
Listed Since
21 March 2011

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