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 18, 2012 | Government Bills, Regulations and other news affecting
Wells Fargo and JPMorgan Chase dominated new Home Affordable Refinance Program loans so far, according to bank analysts. The Federal Housing Finance Agency HARP to allow more severely underwater Fannie Mae and Freddie Mac borrowers refinance. HARP refis...
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 Kris and Kim Darney | Jun 13, 2012 | Short Sales Stop Foreclosure
Foreclosure activity in May was marked by lenders being impacted by local market conditions rather than any national trend, according to ForeclosureRadar’s May 2012 Foreclosure Report. The report examined all foreclosure activity-sales, starts, and timelines-for... by Kris and Kim Darney | May 31, 2012 | Advice on Selling with No Equity in Southern California
This is wonderful news for homeowners! Finally, the banks are getting it….Foreclosures hurt everyone! Short Sales help the Seller, the neighborhood and the city! Great Read ….. Short sales of U.S. homes rose to a three-year high in the...