ZIGAS & ASSOCIATES
INNOVATION - LEADERSHIP - STRATEGY

Welcome!

Please read and comment on the entries that follow.  The most current one will be highlighted on this page; earlier entries can be found under the archives link below.


Principal Reductions Redux

January 07, 2010

Just a day after I posted my blog entry on principal reductions as a way to help prevent foreclosures, the New York Times Sunday Magazine posted an article on its website by Roger Lowenstein providing an eloquent and trenchant examination of the “moral hazards” of principal reductions and owners’
so-called strategic defaults.  A very insightful piece, worth your time.


Comments


Add your comment

comments powered by Disqus

Page 1 of 1 pages

Blog Archive »