Earlier this week, the FHFA (Federal Housing Finance Agency) managed to get a set of new “short sale guidelines” passed by Fannie Mae, Freddie Mac, and the Mortgage Insurers with which they work. While this is great news on the surface, what does it really mean to distressed homeowners?
As if homeowners weren’t under enough duress, they now have to contend with the very real possibility of their loan being sold off in what is best described as a fire sale!
In reviewing the articles that I have written in the past I discovered that while I often mentioned a certain tag line, I never really went into depth about why I believe it. So in this article I intended to explain in full light why “Loan Modifications Don’t Work!”
Yet another lawsuit has been filed against the “big banks” in relation to the lending standards and practices employed by the companies leading up to the housing market crash. What seperates this case from others is the fact that this is the first case brought by homeowners (not government) against an investment bank.
Yes, you read the title correctly! At the mere age of 20 months old a baby named Chloe has issued a challenge to all social media experts out there.
As we approach the deadline to file a lawsuit against the “big” banks for their alleged fraudulent behavior and activity, with regards to their involvement in the housing market crash, we are starting to see a new round of promises for retribution from government “heads” across the country; but are the promises sincere or […]
Despite being a world class, gold medal Olympic swimmer Ryan Lochte still has to deal with the reality that many Americans face: Foreclosure
JohnHart Real Estate is now an approved “Chase Priority Partner”, what does that entail? Find out here!
Many homeowners are finding themselves in dire straights. More specifically they are finding themselves having to choose between foreclosure or short sale. So which is the right choice for distressed homeowners in today’s market?
US Bancorp.: Degrading Neighborhoods One REO At A Time!
