The housing crisis threatens to destroy hundreds of billions of dollars of value by causing homeowners with negative equity to walk away from their houses. We advocate a legal reform that would allow homeowners to reduce principal while giving mortgage holders an equity interest. Such a plan would give homeowners an incentive to keep or resell their homes, thus reducing the market value loss of homes while protecting the effective value of creditors’ interests. Two further elements of the plan are that it uses prices based on the average house price in a particular ZIP code; and it is automated
Group items matching
in title, tags, annotations or url
1More
1More
Tips to Reduce Electricity Bill in Your Apartment - 0 views
1More
Residential demand, not pricing, will drive growth - India Property, 09990056660, Real ... - 0 views
1More
Service Tax on Construction and Sale of Residential Property - 1 views
1More
Eco Friendly Homes - A Latest Trend In Real Estate - 1 views
1More
Loans For Unemployed Tenant - Offer Substantial Amount To Tackle Any Financial Problem ... - 0 views
1More
Installment Loans For Bad Credit- Available Quick Loans Support For Urgent Needs - 0 views
2More
Land Tenure and Property Rights: Theory and Implications for Development Policy - 0 views
‹ Previous
21 - 40 of 117
Next ›
Last »
Showing 20▼ items per page