Pam Marron
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New Port Richey
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I am a loan originator in Florida of 29 years, have been working on problems that no short sale code has presented for past short sellers, new short sellers who are affected by erroneous foreclosure code.

Pam Marron's Blog

Ignoring Potentially 21%

Posted on May 29, 2014 at 5:47am 0 Comments

Ignoring Potentially 21%

In April, 2014, RealtyTrac came out with a report that showed that 1) 9.1 million, or 17% of all US mortgages (total number of US mortgages calculated at over 53.5 million) were STILL seriously underwater, where the loan amount is higher than the property value. Housing values in many areas are coming back, but not enough to put many of the 9.1 million still underwater homeowners into a positive equity position.

In March of 2013, 2) RealtyTrac…


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