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Due Jan. 23
Minimum 250 words
Minimum 2 internet sources
do independent web research on today's mortgage foreclosure
crisis. This crisis has impacted both the residential and
commercial real estate finance markets.
1. Real estate foreclosures in some areas has climbed to very
large (even 50%) of the housing stock.
2. Banks have voluntarily attempted mortgage modification
programs for some real estate owners.
3. The federal government has required mortgage modifications
programs, or provided funds for such programs, in an effort to
lessen the impact of the foreclosure crisis.
How has the traditional foreclosure process discussed in
Chapter 12 ( For chapter 12: Sirota, D., & Barrell, D. (2012).
Essentials of Real Estate Finance, 13th Edition, Revised.
Champaign, IL: Dearborn Real Estate Education. ISBN:
9781427738196 ) failed under these unusual circumstances?
Please discuss that question and at least 1 of the 3 points above.
Due Jan. 23Minimum 250 words Minimum 2 internet sources

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Due Jan. 23Minimum 250 words Minimum 2 internet sources

  • 1. Due Jan. 23 Minimum 250 words Minimum 2 internet sources do independent web research on today's mortgage foreclosure crisis. This crisis has impacted both the residential and commercial real estate finance markets. 1. Real estate foreclosures in some areas has climbed to very large (even 50%) of the housing stock. 2. Banks have voluntarily attempted mortgage modification programs for some real estate owners. 3. The federal government has required mortgage modifications programs, or provided funds for such programs, in an effort to lessen the impact of the foreclosure crisis. How has the traditional foreclosure process discussed in Chapter 12 ( For chapter 12: Sirota, D., & Barrell, D. (2012). Essentials of Real Estate Finance, 13th Edition, Revised. Champaign, IL: Dearborn Real Estate Education. ISBN: 9781427738196 ) failed under these unusual circumstances? Please discuss that question and at least 1 of the 3 points above.