Great Article and a very good interview on the Bloomberg Website explaining the additional behind the scene challenges with loan modifications. Well worth your time! Mortgage firms are...
Tag Archives: loan modification
Home price plunge is widespread… CNN Money.
By Les Christie, staff writerDecember 28, 2010: 11:24 AM ET NEW YORK (CNNMoney.com) — Home prices took a shockingly steep plunge on a monthly basis, an indication that the...
Bull vs. Bear: Will housing rebound?
An interesting read to say the least… let me know your thoughts! As seen in CNN Money – Posted by Nin-Hai Tseng, writer-reporter- December 27, 2010 It’s a question...
Mortgage Rates May Have Hit Bottom…
By LYNNLEY BROWNING – THE NEW YORK TIMES MORTGAGE rates in 2010 were the lowest in six decades, but a recent and sustained increase may indicate that consumers can expect to pay...
What do the banks know… that the typical home sellers may not?
If you are thinking about selling your home, you must read this! The typical equity seller must be willing to think, act and behave just like a bank owned home or risk facing the...
Homeowners use ‘show me the note’ to fight foreclosure
While I can empethize with the homeowners and understand their challenges, I think that this is all wrong… What are your thoughts? By Julie Schmit, USA TODAY Steven and Tamara...
Banks are in a difficult situation…
Banks and the government have struggled to get the current foreclosure situation under control. The modification programs have helped many families avoid foreclosure. However, the...
Hidden Medical Debt Trips Up Homeowners
This is an absolutely fantastic article of incredible relevance! Please take a quick minute to read through this… Written By JESSICA SILVER-GREENBERG – as Seen in the WSJ...
What Happened to the Government’s Short Sales Program?
By Nick Timiraos – Associated Press In April, the Obama administration formally rolled out a new program, called Home Affordable Foreclosure Alternatives, that was designed to...
Mortgage Interest Deduction (MID) could be reduced or eliminated
Thursday, November 18, 2010 – Article by Ryan Smith – PWR Government Affairs Director Make sure that you pay careful attention to this… MID Has Boosted Homeownership....