Falling behind on mortgage payments can be terrifying. Unfortunately, it’s also a common occurrence. In the second quarter of 2020, mortgage delinquencies increased by nearly 4%, according to theMortgage Bankers Association. While the number of late payments decreased in the third quarter, they w...
When mortgage default rates began to rise, demand for MBSs decreased. Lehman was stuck with billions of dollars of “toxic” assets on its balance sheet. Lehman would eventually close its mortgage lending operations. The following year, due to holding on to large positions in subprime and other...
I think you know where this is going...later in 2012 a huge fire happened and destroyed 7 of the 9 buildings on the complex. All kinds of insurance issues reportedly happened while trying to fix the buildings and the condos were not able to be reopened. It's so sad to see what happe...
Even though the natural order would be sustainable, it doesn’t represent a situation that most people today would like to live in. In fact, most humans today could not live on completely uncooked food, even if they wanted to. While a few people today eat “raw food” diets, they o...