Please Advise. Does Freddie Mac typically allow for Broker contributions to go to the 2nd lien holder? This file is providing sufficient net to the 1st B of A, but the 2nd US Bank has refused to accept the allowed payoff.
Thank you.
Added by Paul Aceto on February 28, 2011 at 2:02pm — 1 Comment
Stimulus. . .Coming to an end. The experts are saying, the shrinkage of government will represent a major drag upon the econ omy during the next few years. This follows a period in which we experienced major economic stimulus from…
ContinueAdded by Trisha Bush on February 27, 2011 at 10:12am — No Comments
Added by Shannon M Thomas on February 26, 2011 at 6:13am — 2 Comments
Added by Bion Grady on February 25, 2011 at 8:43am — No Comments
Added by Bryant Tutas on February 25, 2011 at 7:06am — 8 Comments
Added by Bryan Rockwell on February 24, 2011 at 5:43pm — 8 Comments
Added by Suzanne Hinton on February 24, 2011 at 1:30pm — No Comments
If we are to believe the Mortgage Bankers Association, we are out of the quagmire and moving to higher ground in the housing market. In this same publication the next day, one article referring to the MBA's analysis of the statistics indicates that delinquencies are falling and “Absent a significant economic reversal, the delinquency picture should continue to improve during…
ContinueAdded by John P Cadman on February 24, 2011 at 6:17am — 1 Comment
Added by Bion Grady on February 24, 2011 at 3:14am — No Comments
Brentwood Governors Club Seeing More Distress Sales
Well Known Gated Brentwood Tennessee Neighborhood Experiencing Increased Short Sale and Foreclosure Activity
Per my previous blog posts, Financial Distress…
ContinueAdded by Jim McCormack on February 23, 2011 at 6:30pm — No Comments
Added by paige merrill on February 23, 2011 at 9:52am — No Comments
Added by Bion Grady on February 23, 2011 at 4:58am — No Comments
Added by Bion Grady on February 22, 2011 at 4:33am — No Comments
Added by Jim McCormack on February 21, 2011 at 2:44pm — No Comments
Missing a mortgage payment (i.e. defaulting on your mortgage loan) creates a lot of personal and financial stress. This stress is even worse if the financially distressed homeowner and borrower receives a foreclosure notice, Notice of Default, or Notice of Trustee's Sale (or…
ContinueAdded by Jim McCormack on February 21, 2011 at 2:39pm — No Comments
Per my previous blog posts, Brentwood Distressed Sales Activity Increasing and…
ContinueAdded by Jim McCormack on February 21, 2011 at 2:34pm — No Comments
Good afternoon, all!
I apologize if this is not the proper forum for my questions, as this is all completely new to me. I am an anxious first time home buyer who just entered into a contract on a home that is a short-sale with BoA, and am really hoping for a smooth process.
I will attempt to be as brief as possible. Here is the scenario....
Home was listed 1 week ago as a short-sale. The seller's lender is BoA, and appears to be the only…
ContinueAdded by David Lessard on February 21, 2011 at 9:37am — 2 Comments
Added by Bion Grady on February 21, 2011 at 4:44am — No Comments
Added by Bion Grady on February 20, 2011 at 1:25pm — No Comments
Oakland County Michigan: Mike Sher sold his 50thSHORT SALE Last Year!, That is 50 Foreclosures Stopped and 50 Sellers Taking Control of Their Lives! Certified Distress Property Expert servicing; Bloomfield, Beverly Hills, Birmingham, Farmington Hills, Rochester Hills, Troy, West Bloomfield, Huntington Woods, Franklin, Bingham Farms, Novi, Northville and beyond!
Thank you to all of my Sellers who believed…
ContinueAdded by Mike Sher on February 19, 2011 at 10:04am — No Comments
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