Bank of America Closing More Short Sales to Fulfill Legal Woes
This just broke from USA Today... BofA admits that it is fulfilling it's obligation of Billions owed in legal penalties to the US Government and the families it damaged for its malfeasance in the collapse of the housing market. Read on... By Kris & Kim Darney...
Our Riverside Short Sale Nightmare…Press Enterprise’s Dan Bernstein Helps Out!
One of our listings in Riverside County has been under the scrutiny of the Riverside Press Enterprises Award Winning Columnist, Dan Bernstein. Our client has been the victim of State wide cuts in both area of employment (works for a local school district that made...
Fannie Mae Streamlines Short Sales Even More!
Announced today... Fannie Mae. the government agency that backs millions of home mortgages announced that it is delegating authority to it's mortgage backed servicers and banks to make quick decisions as it pertains to short sales and not having to seek Fannie Mae...
FREE California Short Sale Legal Advice
Free Online Short Sale Legal Assistance http://www.avvo.com Do you get what you pay for? That is yet to be determined. By Kris and Kim Darney
Los Angeles Gets Tough On Lenders That Foreclose And Let The Property Deteriorate!
Innovation…Steve Jobs…Being successful In A Tough Economy!
I’m sure Kris and I are not the only two people that often wonder what causes some people to do so well and continually prosper in this tough economy. We’re both huge fans of Steve Jobs...talk about inspiration! Watch the video attached to this post, it’s so...
60 Year Old Couple Lose Their Jobs And Their Home…Middle Class Disappears
In 2008, David LaRochelle and his wife, Debbie, owned two houses: a single-family home in Southern Florida and a double-wide mobile home in Plains, Georgia, near her parents. They both worked at a resort hotel in Islamorada, Florida and earned a combined income of...
Does the Government Have Authority in Private Label Mortgage Securities?
By: Diana Olick Today the FHFA, overseer of Fannie Mae and Freddie Mac, made an unprecedented move, issuing 64 subpoenas to "various entities," seeking information on private-label mortgage-backed securities in which the two invested, specifically "the contents of...
HAMP Help for Unemployed Homeowners
In order to apply for this program, your servicer must be a participant in the government's Home Affordable Modification Program (HAMP). You can check the HAMP website to find out if your servicer is a participant. If your servicer is on the list, then you can phone,...
Microsofts Paul Allen Pays $25Million on Malibu's Billionaire's Beach
Here are a couple of celebrity real estate tidbits to pass along as we recuperate from our July 4th holiday weekend: Paul Allen Buys in Malibu: TechFlash (by way of Wall Street Journal) reports that Microsoft founder Paul Allen bought a contemporary Malibu beachfront...
Going Gaga for Los Angeles…Lady Gaga Rents Bel Air Casa for $25K/Month
Glam rock star/provocateur Lady Gaga is presently on tour, but when she comes in for a landing in LA, Gaga heads to a leased home in the Bel Air area, according to Realestalker, where she pays $25,000 a month in rent. Yup — Lady Gaga rents, just like lots of...
Woody Allen Movie "Sleeper" Home in Foreclosure…Again!
Last May, the house used in the Woody Allen comedy “Sleeper” avoided foreclosure, but it looks like a foreclosure filing has been made against the house again, according to the Denver Business Journal. The home, located at 855 Visionary Trail, Golden, CO 80401, is...
FHA's "Hope For Homeowners" Re-Fi Program Process A Whopping 6 In May!
Pierce Brosnan Leaving Malibu? Home For Sale at $3.9Million
Dashing, debonair movie star Pierce Brosnan is selling his Malibu home for $3.9 million, according to the LA Times. Brosnan’s home is described as a two-story, Mediterranean-style artist’s retreat, and is located just steps to the beach. Unfortunately, no interior...