Archive for Mortgages
What Lenders Won’t Say In Today’s Financing Market
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Creative Financing Secrets CLICK HERE!
By: Scott Short
Words to the Wise…
Another question you need to add to your buyer’s interview; “Have you modified your current home loan?” If your client’s answer is Yes, most lenders will consider this action the same as a foreclosure.
Depending on the loan type, (refer back to my prior articles on waiting periods) your client will have to wait. (You “may” have some latitude if the client’s lender solicited them for a loan modification and not the other way around.) – and you thought “Buy- n- Bail” issues was all you had to be concerned about.
Did you Read More→
Top Six Reasons Mortgage Applications Are Rejected
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Get Everything About Your Credit Here
Half of refinance applications are abandoned or rejected, as are 30 percent of purchase mortgage applications, according to the Mortgage Bankers Association. All told, the Federal Financial Institutions Examination Council (FFIEC) says that well over 2 million mortgage applications were rejected last year.
Want to avoid falling Read More→
Fast Breaking Real Estate News
Posted by: | CommentsBuild A Fortune With Real Estate Foreclosures And Short sales – Click Here!
The San Francisco Chronicle
Mortgage debt at lowest level in nearly 5 years
The volume of outstanding home mortgages declined to $9.88 trillion from $9.94 trillion June 30, according to Federal Reserve data released Thursday.
USA Today
What went wrong with foreclosure aid programs
The Obama administration’s initial foreclosure-prevention programs were intended to help 7 million to 9 million people. So far, they’ve aided about 2 million, and not all of those are out of foreclosure danger.
The Los Angeles Times
Consumer protection bureau opens mortgage complaint hotline
The Consumer Financial Protection Bureau’s new mortgage complaint service is an extension of the agency’s existing hotline for credit card-related disputes and inquiries.
The Wall Street Journal
REALTORS® to revise 2007-2011 sales data lower
The NATIONAL ASSOCIATION OF REALTORS®, which publishes a monthly report on sales of previously occupied homes, said it will release revisions to home sales for 2007-2010 and for the first 10 months of this year.
Build A Fortune With Real Estate Foreclosures And Short sales – Click Here!
Leon Williams Williams Landmark Real Estate leon@williamslandmark.com http://williamslandmark.comWhat Lenders Must Do Before Foreclosing
Posted by: | CommentsHerman Thordsen is an attorney who provides valuable information that I often refer to. Please read what he has presented here as it will help you in the case your lender failed to follow these requirements here in California
2923.5.(a) (1) A mortgagee, trustee, beneficiary, or authorized agent may not file a notice of default pursuant to Read More→
Changes To Mortgage Interest Deduction Could Hurt Economy
Posted by: | CommentsMedia Contact:
Lotus Lou (213) 739-8304
lotusl@car.org
For release:
December 1, 2010
Changes to mortgage interest deduction would hurt economy, prolong housing downturn, C.A.R. says Read More→
Sacramento Real Estate Attorney’s
Posted by: | CommentsSacramento Real Estate Attorney’s
Useful to stop Sacramento Foreclosures Read More→
Sacramento Bankruptcy Attorney’s
Posted by: | CommentsSacramento Bankruptcy Lawyers
Good to have if last resort in a Sacramento foreclosure situation Read More→
Foreclosure Stop
Posted by: | CommentsMost people are under the impression that once a foreclosure starts it can not be stopped. That can not be further from the truth. I call this “The Foreclosure Stop Approach”.
There are several techniques to stopping a foreclosure. Here are seven things you can do to execute the “Foreclosure Stop” approach. Read More→
