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Tag: short sales

fannie freddie agree with MI on short sale guidelines

Guess Who Is Betting Big On Short Sales? The Government!!

Politics & Econ November 2, 2012November 2, 2012 John Maseredjian 5 Comments

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?

laguna-beach-pool foreclosed

Multi-Million Dollar Foreclosure in Southern California!

Local News, Misc. April 20, 2012April 20, 2012 JohnHart Real Estate 1 Comment

  Not even the super wealthy will be immune to foreclosures as short sales set to surge this year.

The Good, Bad and Ugly of Short Sales

Legal Corner January 5, 2012June 7, 2012 JohnHart Real Estate 1 Comment

Examining the best and worst of short sale lenders from 2011 with the hopes that they will all be on the “good” list for 2012.

The Short Sale Solution?

Legal Corner December 15, 2011December 15, 2011 JohnHart Real Estate 0 Comments

Short sales may seem like the quick answer to resolving the housing market crisis, but it takes more than a willing seller to play ball.

screwING up short sales

Legal Corner November 19, 2011November 23, 2011 JohnHart Real Estate 2 Comments

“The mortgage without surprises” comes with plenty of surprises when homeowners find themselves having difficulties making payments.

Governor Brown’s Plan to Help Homeowners

Legal Corner September 29, 2011September 29, 2011 JohnHart Real Estate 0 Comments

After Governor Jerry Brown signed SB 458 into law, the hopefulness turned into helplessness for many homeowners pursuing short sale as a foreclosure alternative.

Guess Who Wants to Foreclose on You!

Legal Corner September 14, 2011September 14, 2011 JohnHart Real Estate 5 Comments

  Not only are mortgage industry giants Freddie Mac and Fannie Mae household names, they own most of the households in the country. So why are they the least likely to help homeowners in need of a short sale?

C.A.R. sends letters to lenders, urges more action

Misc. August 25, 2011April 20, 2016 John Maseredjian 0 Comments

Californis Association of Realtors® makes recommendations to lenders urging for more action.

Senate Bill 458 Having Negative Consequences

Industry August 10, 2011April 20, 2016 John Maseredjian 0 Comments

The consequences of Senate Bill 458 are hitting the real estate market in a very bad way.

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