Tweet Came across this article from CNBC last week discussing the impact HAFA has had (read: not what was expected!) The treasure department says the following “While HAFA has been widely credited with streamlining the short sale process by setting clear timelines, documentation requirements and procedures, feedback from various stakeholders including servicers, housing counselors, realtors and [...]
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Posted in Market News
Tagged bank, forecast, HAFA, HAMP, lender, short sale, short sales, video
Tagged bank, forecast, HAFA, HAMP, lender, short sale, short sales, video
Tweet Reporting by Diana Olick from CNBC: The video takes a high level look at HAFA and the government program. All in all a decent view but any readers of this blog won’t be surprised by any of the content. In a nutshell, it simply discusses short sales and how it could help clear inventory [...]
Tweet CNN reports some incredible facts as it relates to the mortgage industry. The Mortgage Banker’s Association (MBA) 3rd Quarter Reports indicate some pretty unbelievable statistics about the state of foreclosure and delinquency: 9.64% of all mortgages are in delinquency 4.47% of all mortgages are in foreclosure Added up, a total of 14.41% of mortgages [...]
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Posted in Market News
Tagged CNN, delinquent, foreclosure, lenders, mortgage, mortgage delinquency, news, short sale, short sales, video
Tagged CNN, delinquent, foreclosure, lenders, mortgage, mortgage delinquency, news, short sale, short sales, video
