by Kris and Kim Darney | Jun 18, 2012 | Bank of America
Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program. Key...
by Kris and Kim Darney | Jun 15, 2012 | Bank of America
Bank of America just announced that they will adhere to recent government pressure and begin releasing 2nd liens and releasing their rights to pursuing the seller of a Short Sale. What Bank of AMerica is offering is a result of the agreement with the Nations States... by Admin | Oct 31, 2011 | Bank of America, Countrywide, Short Sell and Rent Back Program
This breaking news from DS News… Bank of America is “testing” a short sale “test and learn” program in Florida with payments up to $20,000 to the succesful sale of a property sold via the Bank of America Short Sale program payable to the... by Admin | Jul 20, 2011 | Bank of America, Countrywide
The FTC is sending out 450.000+ checks for a whopping $240…yes…$240. The FTC is mailing out 450,177 checks worth nearly $108 million to homeowners who were allegedly overcharged by former mortgage giant Countrywide. Unfortunately, that... by Admin | May 5, 2011 | Bank of America, Short Sales Stop Foreclosure
BREAKING NEWS… New York Times reports a tripling of assistance to the most hardest hit areas of the country…California leads the way with 7 new centers to assist homeowners in trouble…facing foreclosure or seeking an alternative to foreclosure.... 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...