Interested in reading the HUD’s nitty-gritty analysis of the foreclosure crisis? It’s definitely a detailed read, but very informative. In a nutshell (from the Executive Summary of the report); the analysis and report covers: This study of the root causes of the current extremely high levels of defaults and foreclosures among residential mortgages represents the [...]
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Posted in Market News
Tagged analysis, congress, foreclosure, government, HUD, report, short sale, short sales
Tagged analysis, congress, foreclosure, government, HUD, report, short sale, short sales
Short Sale Artisan Commentary: This has been spreading like wildfire on the internet, I think all investors and agents should be aware of this proposal: The following information is extremely important! HUD Issues Problematic Rules Interpreting SAFE Mortgage Licensing ACT HUD has proposed to eliminate ALL seller financing unless the seller lives in the home [...]
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Posted in Market News
Tagged government, HUD, mortgage, regulations, seller financing, short sale, short sales
Tagged government, HUD, mortgage, regulations, seller financing, short sale, short sales