The House Committee on Oversight and Government Reform has launched an official investigation into the federal government’s foreclosure prevention program. According to a statement from the head of the committee, the probe was triggered by complaints that servicers have been slow and inconsistent in modifying loans under the Making Home ...
Washington, February 02, 2010 Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in December, increased 1.0 percent to 96.6 from 95.6 ...
According to a recent company announcement, Matt Vernon has been named short sale and real estate owned (REO) executive for Bank of America Homes Loans. In his new position, Vernon will develop and implement initiatives to manage and streamline the bank’s efforts to use short sales and other property liquidation ...
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