Lenders Recovering 60% on Defaulted Mortgages

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11/21/2009From the BiggerPockets Blog: What Does Buying a Home “As is” Really Mean??

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7 votes

Justin_portraits_044_comment_thumb Posted By: Justin Pierce, 23 days ago (Report Spam)
Category: Commercial Real Estate / Type: News
Source: reit.com

Lenders Recovering 60 Percent on Defaulted Mortgages

Comments

At 01:30AM on November 01, 2009 - Will Barnard said...

Why would your guess be lower out of curiosity?

At 10:44AM on October 30, 2009 - Jon Klaus said...

Recovering 60% on commercial. I would guess they are recovering a lower percentage on residential