by Admin | Dec 8, 2010 | Bank Negotiations and Short Sales in Southern California
As the yield on the 10-year Treasury hits a six month high, you can almost hear all the doors slamming over in refi land. While you’d think most borrowers had already refinanced their loans to take advantage of the recent record-low interest rates, many have... by Admin | Dec 1, 2010 | Freddie Mac, Short Sales Stop Foreclosure
Government mortgage financier Freddie Mac announced today that it will again suspend evictions this holiday season. From December 20 to January 3, all evictions involving foreclosed, occupied single family and 2-4 unit properties that have associated Freddie... by Admin | Dec 1, 2010 | Bank of America, Short Sales Stop Foreclosure
Foreclosure inventories rose to all-time highs last month, according to the October Mortgage Monitor report released by Lender Processing Services. As of the end of October, foreclosure inventories were 7.4 times higher than the historical average and rising. This is... by Admin | Nov 27, 2010 | Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Fannie Mae, Freddie Mac
This has been a serious issue since the Short Sale boom hit in 2007. It’s great to see that we…the Real Estate Agents in “the trenches” are getting some exposure on this very difficult situation that only hurts the seller and the buyer of... by Admin | Nov 26, 2010 | Sell and Rent, Short Sales Stop Foreclosure
Fascinating article today on CNBC about how the rich and super rich are choosing to rent as opposed to purchase…why? It seems that many of the rich have seen so many others get burned int he current real estate market. These trends are not as surprising as the...
