3 Government Programs That Help Distressed Homeowners
Housing Preservation Foundation The Housing Preservation Foundation has a website that provides information on the foreclosure process. Distressed homeowners can log into a 24-hour online chat session to connect with a housing counselor. The counselor can help the...
10 THINGS YOU SHOULD NEVER DO IF YOU FALL BEHIND ON A MORTGAGE PAYMENT
10 THINGS YOU SHOULD NEVER DO IF YOU FALL BEHIND ON A MORTGAGE PAYMENT If you are a homeowner having trouble paying your mortgage please know that you are not alone! There are tens of thousands of property owners across the United States who have missed their payments...
California Program Gives Money to Homeowners in Need During Short Sale Process
California Homeowners need money for moving after a short sale try “TAP”
Notre Dame BCS Ranked #1…Congratulations!
11 Straight Wins! A Little plug for the Alma Mater: With the losses of Oregon and Kansas State, mayhem has now ensued at the top of the BCS standings, and the national title picture is officially wide open. Notre Dame has the inside track to reach the national title...
Housing Inventory Grows, Nearly 10 Month Supply…Good News, Short Sales Are Strong!
No one want to hear that Americans are in trouble...but the reality is we are! Listen to the projected numbers of homes for sale versus homes being purchased...scary. There is good news in the fact that Foreclosure sales are down and short sales are increasingly being...
Short Sales on the rise in California…Foreclosures Down
Want to Buy A House…Don't Get Pregnant
Expectant parents shopping for a home are not the only ones concerned about the date of the baby’s arrival. Mortgage lenders are taking a harder look at prospective borrowers whose income has temporarily fallen while they are on leave, including new parents at home...
Homeowners Dropping Out Of Government Programs…More Short Sales,Foreclosures?
The number of borrowers dropping out of a government program to help struggling homeowners rework their mortgage grew in June at almost twice the pace of those getting a permanent modification, the Treasury Department said on Tuesday. The latest figures could signal a...
Bank Foreclosures Up 38% Year Over Year
Why The Housing Market Is Not Recovering and Will Not For a While…
This article hit this morning and we support its 6 reasons: Declining Job Market Shared Households increases inventory. Foreclosures adding inventory and no relief in sight. Tight Lending Restrictions...getting tighter. Falling Home Prices..."Educated" Buyers say...
Homeowner Associations Foreclosing…Buying Homes For A Couple Thousand Dollars!
Home Buyers Tapped…Home Prices Continue To Drop In All 50 States
Do banks hold on to foreclosure inventory…Shadow Inventory…?
Of course they do, but in Los Angeles at least, they're getting a big incentive to dump it fast. L.A. last week passed a new city ordinance that fines banks, servicers, whoever owns the foreclosed property, up to $100,000 for letting the property fall into disrepair....
Record Number Of Foreclosure Sales Cancelled Due To HAFA…Short Sales
Lenders are canceling more foreclosure sales in California than ever before, and new financial and political demand for short sales could be the culprit. Lenders canceled nearly 22,000 California foreclosure sales in June, driven mostly by JPMorgan Chase (JPM: 40.48...