Here's some great links to some articles around the web for the latest on the government's mortgage settlement. Housing Settlement Details Filed in Court - CNN $25B Foreclosure Settlement Filed in Court - BizJournals.com US Files $25B Settlement With Banks... Continue Reading →
Yesterday brought us some good news for some homeowners who would love to refinance to the current low rates, but haven't been able to since they are underwater! HUD, or the US Department of Housing and Urban Development, announced that... Continue Reading →
A common misconception is that anyone at all can qualify for a short sale and not have a valid reason for it, while the truth is that this is most likely the exception to the norm. Although you may know... Continue Reading →
The Think Big Work Small Guys Comment on the Possible Principal Reduction Plan….that’s a lot of P’s…
The Think Big Work Small guys are entertaining to watch...and their comments on the possible upcoming principal reduction "help" leaves you with some good things to think about. Do we REALLY want to entice millions of good homeowners to stop... Continue Reading →
I met yesterday with one of my favorite lenders, Brad Brockett at Summit Funding, and we were chatting about life after a short sale or foreclosure. I was pleased to hear that the timeline isn't nearly as dire as I... Continue Reading →
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief... Continue Reading →