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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...
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...
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...

National Unemployement rate hits 10.2% – 17.5% if you account for others.

The government recently reported that unemployment has hit another high from this foreclosure driven recession. The amount has topped out above 1 out of 5 people bringing the national average to 10.2 percent unemployment rate. It is going to take a lot to turn this...