Browsing the archives for the treasury tag
Some more details are emerging on the upcoming Treasure Dept. short sale plan! Who Must be the homeowner’s principal residence. The homeowner is delinquent on the mortgage, or default is imminent The loan was made before Jan. 1 this year and is less than $729,750 The borrowers’ total monthly mortgage payment exceeds 31 percent of [...]
Fresh off the Monday presses comes this news courtesy of Reuters: US Treasury sets guidance to simplify ‘short sales’ Mon Nov 30, 2009 6:48pm EST By Al Yoon NEW YORK, Nov 30 (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and [...]
