Update: NPR’s Toxic Real Estate Asset
24 Jul 2010Planet Money bought a toxic mortgage asset and has been tracking it’s death spiral. It’s now almost completely dead (non-performing). In a recent article they also tried to track down the people who originally took out the mortgages.
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1 Response to Update: NPR’s Toxic Real Estate Asset
Allison
July 24th, 2010 at 5:54 pm
So, you’re an economist, maybe you can explain this. Do they not receive compensation for mortgages that are paid-off?