Tag Archives for " loan "
Are you in need of home loan assistance? Do you have a Bank of America home loan? You may be in luck! BofA has recently launched a new website dedicated to helping its loan customers no matter what situation they may be in. Whether you think you may miss a payment soon, just missed one home […]Continue reading
2010 Analysis of Foreclosure Inventory by State Data covers about 46 million first-lien mortgages on 1-4 unit residential properties. The subprime sample of the survey totaled about 6 million loans. Using Census Bureau and other industrey data, the NDS is estimated to cover around 80 to 85 percent of the approximate 50 million loans outstanding […]Continue reading
Short sale transactions can be complex to negotiate with lenders. Hence, real estate trainer and educator Kathy Mehringer’s definition of short sales: “A transaction where nothing is certain but for the uncertainty.” Mehringer, director of risk management for Coldwell Banker Residential Brokerage, Southern California companies, offered tips to negotiating short sales during her session, “Short […]Continue reading
It’s been a year since the government’s Home Affordable Modification Program (HAMP) was implemented and only 170,207 troubled homeowners have received permanent loan restructurings. The number of modifications in thepermanent column did increase 45 percent from 116,297 in January, but it’s still a mere drop in the bucket when you consider the Treasury’s own estimate […]Continue reading