MBA panel: Tread carefully when going after strategic defaulters

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MBA panel: tread carefully when going after strategic defaulters While it is no easy feat to determine if a homeowner defaulting on a mortgage is a strategic defaulter, it’s also no simple decision for servicers to decide whether to pursue a deficiency judgment against the homeowner.

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MBA panel: Tread carefully when going after strategic defaulters Describing India as Afghanistan’s first strategic partner, Swaraj suggested that Delhi would always share the Afghan people’s vision of a "strong" and "prosperous" Afghanistan. Delhi has conveyed to the Ghani government, in strong terms, that India is there to stay in Afghanistan even after the Western troops have left.

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Another point: research indicated that 40% of strategic defaulters lived in "recourse" states, where they could face lawsuits over debts that remained after foreclosure. It’s not clear whether defaulters didn’t understand the risks or whether they had bet that their lenders wouldn’t come after them.

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However, even with this approach, you’ll have to tread carefully. This process is similar to what happens when you try romantic matchmaking. Although all you have done is introduce one person to the other, if things don’t work out, there’s always the risk that either or.

FHA’s Montgomery says more flexible condo rules are coming insurance fund? The data suggest that more flexibility should be considered. Condos have lower default rates than single-family purchases. And condo purchasers are more heavily weighted toward first-time homebuyers and women than the purchase population at large. 2 LOOSENING FHA RESTRICTIONS ON CONDOMINIUM FINANCING MAKES SENSE