Many of these borrowers have already defaulted, and many of the mortgage defaults in the current housing crisis have taken an entirely new form: "jingle mail," where people who can afford their mortgages walk away anyway when the ... Publisher - Right Klik Creator - Lilac Sunday Date - Sat, 04 Sep 2010 18:45:00 GMT

Calculated Risk: Jingle Mail from Hyatt Hotels

In other words, Hyatt decided to walk away — the equivalent of “jingle mail,” ... In Hyatt's case, the company “and the lender agreed in principal to effect a deed in lieu of foreclosure transaction.” Some people are still mailing in ... Publisher - Calculated Risk Creator - CalculatedRisk Date - Sun, 08 Aug 2010 11:15:00 GMT

'Jingle Mail': Developers Are Giving Up On Properties

In many cases they have walked away, sending keys to properties whose values had fallen far below the mortgage amounts, a process known as jingle mail. These companies all have piles of cash to make the payments. They are simply opting ... Publisher - FORECLOSURE FRAUD | by DinSFLA Creator - dinsfla Date - Wed, 25 Aug 2010 19:06:10 GMT

Jingle Mail Definition

Jingle Mail Definition - Definition of Jingle Mail Definition on Investopedia - A situation where a homeowner mails his or her house keys to a mortgage lender due to an inability to meet mortgage payment. Publisher - Investopedia.com Headlines Creator - unknown Date - Tue, 04 Mar 2008 14:00:00 GMT

Jingle mail datapoint of the day | Analysis & Opinion |

David Streitfeld has got his hands on new data from CoreLogic. It's hard to find actual numbers in the article, or any kind of link to the data, so here's the accompanying chart: Publisher - Felix Salmon Creator - Felix Salmon Date - Fri, 09 Jul 2010 03:35:03 GMT

Obama's Jingle Mail Bailout

The Lilac Mobile used to sport the bumper sticker above, which was produced and purchased in objection to an early Obama administration mortgage relief scheme. Obama gives me lots to complain about, so the bumpersticker has long since ... Publisher - Lilac Sunday: Red Girl in a Blue State Creator - Lilac Sunday Date - Sat, 04 Sep 2010 18:40:00 GMT

Jingle mail and the mortgage crisis | Analysis & Opinion |

David Streitfeld has a great NYT piece on the way in which jingle mail, or strategic default, seems to be reaching its logical conclusion. Right now, about 24% of all mortgaged properties are underwater. And if you're being foreclosed ... Publisher - Felix Salmon Creator - Felix Salmon Date - Tue, 01 Jun 2010 16:14:17 GMT

Suburban Guerrilla » Blog Archive » Jingle Mail for Me But Not For ...

In other words, Hyatt decided to walk away — the equivalent of “jingle mail,” when homeowners pack up, move out, and mail their keys to their mortgage servicer, abandoning both the house and the loan with which they bought it. ... Publisher - Suburban Guerrilla Creator - susie Date - Mon, 09 Aug 2010 16:13:56 GMT

Fannie Mae Makes Jingle Mail Not So Merry

Fannie Mae Makes Jingle Mail Not So Merry. Publisher - About.com Real Estate Business Creator - unknown Date - Fri, 25 Jun 2010 10:18:01 GMT

Jingle Mail

In many cases home owners and companies have walked away, sending keys to properties whose values had fallen far below the mortgage amounts, a process known as “jingle mail.” These strategic defaulters simple find it good business to ... Publisher - ClwtrBkAtty-Carol A. Lawson, Esq. Creator - Carol A. Lawson Date - Thu, 26 Aug 2010 14:30:00 GMT