Andrew Coppo's Blog – July 2011 Archive (2)

FTC MARS Exemption: Good Or Bad For Short Sale Agents?

The Federal Trade Commission (FTC) recently issued a statement that it would no longer enforce several provisions of the widely scrutinized Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule required all real estate agents working on…

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Added by Andrew Coppo on July 29, 2011 at 3:18am — 2 Comments

Five Things To Avoid When Writing Your Short Sale Hardship Letter

When working with Massachusetts short sale candidates, the most daunting task always seems to be writing the hardship letter. All homeowners requesting a short sale are required to provide the lender with a hardship letter. The hardship letter is your best, and only, opportunity to explain to the lender why you are no longer able to afford your…

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Added by Andrew Coppo on July 1, 2011 at 4:20am — No Comments

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