Strategic defaulters opt to continue paying on second liens Detroit housing market remains mystery after bankruptcy "This is the story of what happens when a great American city goes broke." The plain-stated thesis in the introduction to Nathan Bomey’s new book, Detroit Resurrected: To Bankruptcy and Back, belies its wrenching detail.Despite the glut of news reports published over Detroit’s 18 months in the throes of bankruptcy court, this appears to be the first book to tell the full story of the.Strategic defaults are when borrowers who owe more on their homes than they’re currently worth choose to stop paying their mortgage but continue to meet other financial obligations, according to a.

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New home sales fall 0.3% in October New Home Sales fall 3.4 percent in August September 26, 2017 Sales of newly built, single-family homes in August fell 3.4 percent to a seasonally adjusted annual rate of 560,000 units from an upwardly revised July reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.Slam Dunk Stimulus – The Natural History of a Rumor  · The fifth-highest-scoring player in NBA history also was recruited as the official face – or “ambassador” – of the struggling pizza giant. Could Shaq make Papa John’s a slam dunk again?

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