The holiday season is just around the corner. In fact, it is less than 100 days before the biggest days of financial indulgence of the year. As people are busy writing out their gift lists, less than one-fourth of those...
Strategic Default Becoming Commonplace
Strategic default is a term coined to describe borrowers who are willfully (or passively?) allowing their mortgages to enter default because their homes are underwater. Why do people strategically default on their mortgages?...
Gambling On Foreclosures In Las Vegas
Las Vegas is known for many things, including contributing to Nevada becoming the fastest growing state between 2000 and 2010. When we think of Las Vegas, we think of bright lights, casinos and money. Just a year ago, it was...
Decision In Dallas Stars Bankruptcy
After months of deliberation, a decision has been reached regarding the bankruptcy sale of the NHL team the Dallas Stars. Pending approval from the court and NHL, the agreement states that the team will be sold to Canadian...
Have You Considered A Cash-Out Refinance?
You maybe haven’t heard of a cash-out refinance lately. Here’s why: cash-out refinancing assumes that you are in an upside down mortgage. In fact, it only works if you have solid equity in your home and your home...