by Dan Chapman | Jan 31, 2012 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, Cash Out Refi, Cash Out Refinance, Debt Consolidation, HARP, mortgage assistance, Refinance
Bank of America certainly turned some heads last week when it told its retail loan officers nationwide that the lender will halt, for now, originations of cash-out refinancings, citing what it calls a “surge of refinancing activity” and capacity problems....
by Michael Parker | Jan 25, 2012 | mortgage assistance
Even though many individuals are familiar with bankruptcy in general, few are aware of the differences between a Chapter 7 and a Chapter 13. First, a Chapter 7 bankruptcy is considered a liquidation of assets. A Chapter 13 is a reorganization of debts for an...
by Absolute Consultant Group | Jan 22, 2012 | HAFA, hamp, HARP, hasp, Help, Making Homes Affordable, mha, mortgage assistance
For many the industry isn’t getting better at solving their problems. Hopefully, at least for those finding themselves experiencing a long bout with unemployment, they will find a little relief coming from at least one of the GSEs Freddie Mac. In an announcement...
by Dan Chapman | Jan 17, 2012 | mortgage assistance
On March 1st Fannie Mae is putting the newly enhanced HARP program also known as REFI PLUS into full swing. This will benefit those Homeowners that are underwater to the point of going past 105% loan to value, they will now be able to refinance with No Loan to value...
by Absolute Consultant Group | Aug 7, 2011 | foreclosure laws, Foreclosure News, Foreclosure Rise, government program, HAFA, hamp, HARP, hasp, Help, Home Mistakes, mortgage assistance, Mortgage Help, Mortgage Lending, Negotiation Help
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...
by Absolute Consultant Group | Aug 7, 2011 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, HAFA, hamp, HARP, hasp, Help, HOA, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage News, Negotiation Help, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic
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...
