Last week, my seller (BofA borrower) forwarded me a letter he had received from BofA about his participation in the HAFA program.
The letter stated:
"if we do not hear from you by October 9, 2010, we will continue processing the short sales as a standard short sale". (meaning non-HAFA)
When I finally reached the negotiator on this file today, she informed me that my seller (BofA borrower) needs to call their toll-free number and let them know that the WILL NOT BE…
ContinueAdded by Alison P. Terry on October 12, 2010 at 9:35am — 2 Comments
Jon Stewart at it again...this is so funny and pretty much captures the "Foreclosure Crisis" in a rather lewd way...
Added by Kimberley Kelly on October 12, 2010 at 4:00am — 2 Comments
Added by Jose Cerda-Zein on October 11, 2010 at 11:30am — 1 Comment
Added by joe beauchamp on October 9, 2010 at 3:10pm — No Comments
Added by Jennie Blackburn on October 9, 2010 at 7:50am — 2 Comments
Added by blb on October 8, 2010 at 5:32pm — No Comments
Added by Randall Scruggs JD on October 7, 2010 at 12:18pm — 3 Comments
On top of this, the Attorney General in Florida is investigating 4 law firms for filing fraudulent…
ContinueAdded by Bryant Tutas on October 6, 2010 at 11:00pm — 3 Comments
LPS Applied Analytics recently announced that there are $464 Billion in mortgages currently in Foreclosure and that Americans are now behind on mortgages worth $1.4 Trillion. Several economists believe that
something really bad could be coming down in the coming months. In
fact, leading economists are warning of a new financial crisis brewing
that could possibly be worse than the crisis we faced in 2008 and that
we could see a collapse of some BIG U.S.…
Added by Ray Wright on October 6, 2010 at 7:14pm — 1 Comment
Just got a 1st td approval letter from Indymac, where they have reduced the commission to 5%. Has anyone had any luck going back at this point and getting the commission back up to 6% after getting the approval letter with Indymac?
Bob
Added by Bob Kelly on October 6, 2010 at 10:02am — 1 Comment
Added by Cecilia Rodriguez on October 6, 2010 at 3:47am — No Comments
If you are selling a short sale in Destin Florida, it’s wise to have a title search as soon as you list.…
ContinueAdded by Wendy Rulnick on October 4, 2010 at 7:37am — No Comments
Farmington Hills, MI Short Sales increase by 126% in 2Q 2010. "Each Short Sale is One Less Foreclosure" Says Mike Sher, CDPE (Certified Distress Property Expert) Max Broock Realtors (248) 644-4700 x242 or
www.ShortSaleOaklandCounty.com
This U.S. Treasury 2Q 2010 Mortgage Metrics Report below clearly shows that our distress real estate market will continue to be with us for…
ContinueAdded by Mike Sher on October 4, 2010 at 6:30am — No Comments
Added by Michael Miller on October 3, 2010 at 11:02am — 3 Comments
PSCing to a new base? If you are an Eglin Air Force Base or Hurlburt Field airman and own your home, this could be a problem. You may very well be…
ContinueAdded by Wendy Rulnick on October 1, 2010 at 7:37am — No Comments
Added by Kimberley Kelly on October 1, 2010 at 1:45am — No Comments
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