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Pressure Mounting for Creation of National Mortgage Servicing Rules

22. Dec, 2010 0 Comments

This story is not going away. Ever since the robo-signing scandal broke around October, a week doesn’t go by that I’m not seeing a story related to the fall-out and the efforts to eliminate such a debacle again. Now, a group of more than 50 in

Related posts:

  1. Will National Foreclosure Standards be the Next Move?
  2. House Committee Hearing on Mortgage Servicing Problems Set for November 18
  3. Many “Foreclosure Experts” With the Banks Have No Mortgage Background

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Mortgage Insurance…Should I Short Sale Care?

21. Dec, 2010 0 Comments

Oft-times mortgage insurance can become the monkey wrench in the short sale approval process.  If you haven’t encountered mortgage insurance (MI), you will.  So, what should you expect and what should you do?  Better yet, what do you do to get t

Related posts:

  1. How Mortgage Insurance “Will” Affect Your Short Sale!
  2. Bank of America Suing Mortgage Insurer
  3. Horton Hatches a Short Sale Egg: I meant what I said 100%

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Fortune Telling with Paper Napkins

17. Dec, 2010 0 Comments

This is a current case study of a short sale we worked on and at the end, scratched our heads and asked the question…. “Really???” So this property went into foreclosure.  It went into trustee sale and became an REO.  Actually the negotiat

Related posts:

  1. Who’s to Blame?
  2. Short Sale Approval In Today…Backwards & Forwards & Upside-Down
  3. Are Banks Changing Locks in Homes Before Foreclosure Process Complete?

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Twas the Night Before Short Sale Christmas

16. Dec, 2010 0 Comments

Twas the Night Before Short Sale Christmas By TC McClenning for www.ShortSaleDailyNews.com Twas the night before Christmas, and all through the short sale Not a deal was closing, no matter how stale. The families were packing, hoping to hear O

Related posts:

  1. Don’t Get Stuck With Your Pants HAFA Down
  2. New Stats Show Short Sale Software Becoming More Crucial to Your Short Sale Business
  3. Finding a Realtor for Your Short Sale Investments

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Banks and Lockboxes on your Short Sale Listing

15. Dec, 2010 0 Comments

I must admit I learn something new with each short sale I work on. Last week, I received a call from a firm leaving a message that they would need to winterize my client’s home, which is a short sale. The lender was aware my clients had moved out of

Related posts:

  1. Short Sales – What a Contradiction
  2. Hey Associated Press: Our Listing Was Just Broken Into by the Bank
  3. Do Banks Now Prefer Short Sales over REOs?

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