Tag Archives: Loans

Homeownership Counseling Helps Keep Modified Loans Current

03. Jan, 2012 0 Comments

Just three weeks after Congress restored $ 40 million in its budget for homeownership counseling, a new study by the Urban Institute reports that counseling greatly increased the ability of homeowners to stay current once they cured a serious delinquency or…

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Could Fannie and Freddie Sell Their Modified Loans?

02. Jun, 2011 0 Comments

The possibility of Fannie Mae and Freddie Mac selling part or all of their modified mortgages may happen at some point in the future according to Edward DeMarco, acting director of the Federal Housing Finance Agency (Fannie and Freddie’s regulator)

Related posts:

  1. Fannie & Freddie Issue New Guidelines for Delinquent Mortgages
  2. Freddie Mac Has Record First Quarter REO Sales
  3. How Freddie Mac REO Selling Agents Can Make an Extra $
…

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Loan Mods
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Negotiating Multiple Loans on Short Sales

24. Mar, 2011 0 Comments

We have found that many banks are not letting sellers off the hook that easily on second and third liens. In almost every case, if the loan was not purchased at the time the house was financed as an 80/20, that lenders are requiring 10% of the loan b

Related posts:

  1. Real Estate Investing with Short Sales
  2. Short Sale Fees and How to Correctly Charge Them
  3. Charging Fees to Buyers
…

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Loan Mods
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Mortgage Investors Seek Cap on Delinquent Loans Handled per Employee

14. Jan, 2011 0 Comments

Cap the number of seriously delinquent loans handled per mortgage servicing industry employee. That’s the recommendation of the Association of Mortgage Investors (AMI) in a white paper released this week. AMI, by the way, represents private inve

Related posts:

  1. Pressure Mounting for Creation of National Mortgage Servicing Rules
  2. Major Mortgage Investors Not Happy with the Banks
  3. Mortgage Rates Edging Up

Short Sale Daily News » Short Sale Daily News
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Loan Mods
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Company Profile: Bank of America Home Loans Works with Real Estate Professionals to Offer Buyers a Better Purchase Experience

07. Sep, 2010 0 Comments

RISMEDIA, September 7, 2010—The housing market is showing signs of life. Historically low interest rates and greater home affordability in many areas are beginning to attract prospective home buyers to the market. And with a slow yet steady economic recovery, consumers and real estate professionals are positive about opportunities for today’s first-time and repeat buyers.

Enabling Success
With the changing economy and regulations surrounding lending standards, today’s home buyers have questions. They often look to real estate professionals to…

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Daily Real Estate News
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