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NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dropping their offers!

NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dropping their offers!

Anyone riding the short sale pipeline may have seen many buyers getting antsy as we came to the end of the filing period for tax payers to cash in on those home buying incentives. Well many of those last-minute buyers can wipe the sweat off their brow along with...
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...
BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

BAC Loan Servicing LP (Bank of America): Deficiencies… Now its on you!

Image via Wikipedia Foreclosure deficiencies are one thing… those are usually depending greatly on the type of loan you had prior to the home going to foreclosure but these days there are new laws waiting to be rewritten on the banks ability to pursue you have a...

MLReport.com Presents: Lender-Pedia. For the People By the People. A Wiki story.

We here at MLReport know how important it is to find the information that you need when trying to deal with the mortgage servicing industry. When it comes to mortgage lenders it is not ever surprising to get a new number just about every time you call to some new...

Video: Bank Reform Bill Passed by House.

The bill that could change it all is on its to Congress finally having made it out of the House of Representative. Backed by Obama’s administration it is thought that this new regulator commission might be going just a step too far. Only time will tell but as...