It's January 2011…Foreclosure Sales Have Kicked Into High Gear, Time To Think Short Sale?
Bank of America, JP Morgan Chase, Wells Fargo, Citi Bank have moved past the "robo signing" scare and are sending out trustee sale dates at warp speed to their customers. So, those homeowners who have been able to escape payments for months, maybe years...are now...
CNBC Confirms…Another 5 years+ of Short Sales and Foreclosures…
We are always interested when a major media company supports us and what we have been talking about for the last 3 years...Yes...we're in this short sale business for the next 5 years and longer! It’s taken three years to process $1 trillion in foreclosed homes. At...
Wells Fargo Requires Buyers to Increase Down Payment to 30% to Meet "Dodd-Frank" Demands"
If the housing market wasn't already suffering enough...News released today...Wells Fargo is passing the "pain" on to it's new mortgage loan clients making it more difficult to get a home loan...or at least costing the buyer more up front. 2010 saw the new...
VA Demands Mortgage Servicer's Pay Relocation Fees To HAFA Participants
Monday, January 17th, 2011, 3:14 pm The Department of Veterans Affairs directed its mortgage servicers to provide $1,500 in relocation assistance to borrowers leaving their home after a short sale or a deed-in-lieu of foreclosure. The requirement took affect Jan. 6....
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