(800) 961-8663 info@mlreport.com
SB 458: What can save me from a short sale deficiecny? This does.

SB 458: What can save me from a short sale deficiecny? This does.

Senate Majority Leader Corbett came through for many homeowners in a tight pinch. Those that were worried about completing a short sale while still having a second mortgage that could come after them years later, commonly to what everyone refers to as seeking a...
Fannie Mae: Bank of America’s HAFA program sees major changes… Leaves many homeowners in the lurch and forecloses on those who waited.

Fannie Mae: Bank of America’s HAFA program sees major changes… Leaves many homeowners in the lurch and forecloses on those who waited.

As of July 13th 2011 Bank of America received a new guidelines (or in the business it is called a directive) from our old pal Fannie Mae(FNMA). In this new guideline change they are requiring homeowners that look to go through the HAFA program to actually jump through...
MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect. It is important to know is that if you do not answer yes to...
Litton Loan Servicing: The treasury says 14 days for HAFA. Make it 30.

Litton Loan Servicing: The treasury says 14 days for HAFA. Make it 30.

Where many are taking it upon themselves to make things worse it is nice to see that at least one servicer isn’t. Litton Loan Servicing, though known for it’s terrible loan modification process, is at least taking a few steps in the right direction. The...