by Admin | Jun 2, 2010 | Fannie Mae, Freddie Mac, Frequently Asked Q&A about Short Sales
This morning executives at Bank of America[BAC 15.81 0.37 (+2.4%) ] rolled out their new “Principal Reduction Enhancement” program, which is an earned principal forgiveness plan for borrowers behind on their mortgages and whose loans are at least 20... by Admin | Jun 2, 2010 | Frequently Asked Q&A about Short Sales
By: Diana Olick CNBC Real Estate Report Everybody take a nice long look at today’sPending Home Sales Index from the National Association of Realtors, because it’s just about the last positive picture we’re going to see for a while. Yes, the index... by Admin | Jun 2, 2010 | Fannie Mae, Freddie Mac, Frequently Asked Q&A about Short Sales, How to Choose a Real Estate Agent when doing a Short Sale
BREAKING NEWS! FREDDIE MAC is stepping up with the FREDDIE HAFA like program…on the footsteps of It’s “sister” Fannie Mae who released it’s guidelines last night. The highlights: Sellers get $3,000.00 for Moving Expenses Servicers get... by Admin | Jun 1, 2010 | Frequently Asked Q&A about Short Sales
The “shadow inventory” of bank-repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to clear at the current sales rate, according to a report from the credit rating agencyStandard & Poor’s (S&P). The analysts...