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...

Bank of America: Fannie Mae(FNMA) Loans to go through new ringer for HAFA Program Assistance for Homeowners

Would you think that they would let the homeowner’s get off easily for that long? Well it seems that Fannie is back at it again. This time at Bank of America with a whole slue of new hoops for the very tax payers keeping their doors open. In this case it seems...

21st Century Mortgage: Talk about crazy short sale deals.

When everyone talks about the great short sale deals I don’t think they have frequented the 21st Century Mortgage area of the business. If this business has gotten any better in some places it’s definitely gotten worse in others. Strange as it may seen we...
MHA/HAMP/HAFA: Harsh rules leaving many homeowners in trouble.

MHA/HAMP/HAFA: Harsh rules leaving many homeowners in trouble.

Many times these programs that we deal with for our clients change for the better but there are also certain times that they change for the worse. I guess only adding insult to injury is that fact that it is our own government, supported by our tax dollars, making...
HAMP: New Changes to Investor Income Valuation, Government reviews and has found clarity.

HAMP: New Changes to Investor Income Valuation, Government reviews and has found clarity.

In an odd turn of events HAMPs guidelines have changed possibly this time for the better. Changes have recently taken place to help try and bring that 18% of successful workouts up a little and this time it’s including Investors. Now before you jump for joy they...
Bank of America: Stop Faxing Me Your Loan MOD Documents! Email Them.

Bank of America: Stop Faxing Me Your Loan MOD Documents! Email Them.

We should set off the fire works for this one. It’s almost like Bank of America is taking a few steps into the future calling out,”’90’s here we come!” OK. So they are still running 20+ years behind on the times but their catching up. In...