Update: NPR’s Toxic Real Estate Asset

In: Finance Housing Interactive US Economy

24 Jul 2010

Planet 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

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Allison

July 24th, 2010 at 17:54

So, you’re an economist, maybe you can explain this. Do they not receive compensation for mortgages that are paid-off?

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