Tweet Well, 2011 sure is off to a heck of a start, isn’t it? As we predicted here over and over again, the short sale marketplace is going to continue to be an important part of the still-stagnant housing recovery for the foreseeable future. So if you aren’t up to par on what you are [...]
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Posted in Market News
Tagged banks, forecast, lenders, loss mitigation, short sale, short sales, volume
Tagged banks, forecast, lenders, loss mitigation, short sale, short sales, volume
Tweet I was reading this article today in the LA Times about lenders becoming increasingly accepting of the short sale process. It mirrors what we have been saying here in this blog since November – that short sales are increasingly becoming accepted and it’s being pushed by politicians and the bank’s best interests. The reason [...]
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Posted in Market News
Tagged 2nd lien, bank of america, BofA, fannie mae, foreclosure, freddie mac, government, HAFA, HAMP, lenders, loss mitigation, mortgages, short sale, short sales, underwater
Tagged 2nd lien, bank of america, BofA, fannie mae, foreclosure, freddie mac, government, HAFA, HAMP, lenders, loss mitigation, mortgages, short sale, short sales, underwater
Tweet Courtesy of The Financial, here is some potentially positive news coming out of Bank of America: a new Short Sale executive has been hired! The good news is that Matt Vernon, the new Short Sale and REO exec, recognizes the volume of short sales that Bank of America deals with. Among other things, he [...]
Tweet I came across this article in the Las Vegas Review-Journal today while doing some research on what is going on in the world of short sales and distressed properties. Obviously the article is localized to the economic situations in Las Vegas but I think there were some very interesting tidbits of information in here [...]
4 Comments
Posted in Market News
Tagged federal government, loss mitigation, news, process, short sale, short sales
Tagged federal government, loss mitigation, news, process, short sale, short sales
