Bankruptcy no longer a good solution for Mortgage Debt problems ... by Cramdown

Tue, 01 Jul 2008 02:16:41 -0500

Bankruptcy no longer a good solution for Mortgage Debt problems ...

by Cramdown (cramdown) @ Tue, 01 Jul 2008 02:16:41 -0500

Consider "cram down," a bit of MBA-speak that refers to a judicial cut in the interest rate on a borrower's existing loan. The term may be new to some, but in fact dates back to the last real estate downturn. The phrase naturally evokes ...

Original post: Bankruptcy no longer a good solution for Mortgage Debt problems ... by at cramdown - Google Blog Search

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