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CalHFA: We don’t need no stinkin’ government programs, Rs r gud!

CalHFA: We don’t need no stinkin’ government programs, Rs r gud!

Needless to say CalHFA’s  review of loan modification is weak and at best they don’t even look to see if you have your basic requirements for living are met. Many times you will find that they will go through multiple level’s of management prior to...
Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae in another attempt to tighten its servicing belt has decided to release new servicing procedures that are only going to make it tougher for those homeowners who find themselves in an already tough position. Starting as of this month they have increased...
Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Fannie Mae: As if it wasn’t already tough enough you better have a game plan!

Recently GSE Fannie Mae rolled out new guidelines guiding the servicers on how to manage its portfolio. Stating that it wants its borrowers, if they are in an active foreclosure and if they have a sale date within 14 days, the only acceptable remedy to stop...

ACG and Wachovia connect for BULK Short Sale Processing

Starting in 2005, Absolute Consultant Group’s(ACG) counselors sought out to solve mortgage problems no longer from the confines of Countrywide’s Loss Mitigation Department. At that time they were part of one of the largest lenders in the world helping service a...

Equator.com: If you aren’t doing short sales, what are you doing with your time?

Today we received the message below from the CEO of Equator just was we are sure many of you did as well. Finally someone is calling you out and its the big brother! In a bold statement the e-mail was titled: Have you jumped on the Short Sale bandwagon yet? Well...

Fannie Mae: Submit your short sales 21 days prior or its too late for a short sale.

Fannie Mae for being a government sponsored enterprise and all the support they are receiving from the government and the Obama Administration (HAMP, MHA, HAFA,Hope For Homeowners, etc.) seem to be tightening their belts more than anyone else. We for one seem to think...