Housing Blogs

In today’s Wall Street Journal, an article pertaining to loss severity: Buyers’ Revenge: Trash the House After Foreclosure.Vandals who break into empty houses often smash windows and paint graffiti on the walls, he says. But it takes an enraged, delinquent mortgagor to indulge in a frenzy of destruction, such as the one that took place recently in a three-bedroom, 1,949-square-foot house in a residential and industrial area northeast of the casinos on the Strip….
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