Decline in Distressed Sales Continues
According to this article on DSNEWS, “distressed homes sales, which are sales of REO properties and short sales comprised 9.9 percent of all U.S. home sales in May, the first … Continue reading
Congress Renews Mortgage Debt Relief Act!
On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars … Continue reading
HAFA- Extended Through 2013, 2nd Lien Payoff Increased & Much More!
UPDATES AND EXTENSION: EFFECTIVE JUNE 1, 2012 The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department. It is administered by Fannie Mae … Continue reading
HAFA, HAMP, HARP, HARP 2.0 … HELP!*
Staying on top of the string of programs created to help homeowners caught up in the perfect storm of a high unemployment, rampant underemployment and declining home values, can be … Continue reading