Federal Government satisfied with 13% mortgage modification rate
If this doesn’t convince a distressed homeowner they need a U, S. national attorney to get their mortgage modified, there is no hope of a realistic view of the current mortgage situation. The reader will also notice below that lenders are more than willing to let foreclosure proceeding continue will mortgage modification negotiations continue.
Federal Government on track to get 13% of eligible mortgages modified by November
The federal government also estimates that 4 million homes need their mortgages modified. 500,000 divided by 4 million equals 13%.
Explaining the mortgage modification mess – part 1
On Friday Sept. 4 the GJ Free Press published the first part of what will probably be three or four of my articles on the Mortgage Modification Mess as it stands currently.
Short Sale efficiency and motivated buyers and sellers
Be realistic but aggressive with the asking price. Lenders are taking months to respond to an offer on a property. It should be every seller’s goal to have a contract within the first 90 days
Distressed mortgages and Pre-fab homes
In an article in Florida Today, two of my favorite subjects come together.
Those would be distressed mortgages settled by mortgage modification or short sale, and all those prefabricated homes built under the umbrella term “manufactured homes.”
Listen to the banks whine about mortgage modifications
CNN Politics reports again on relevant facts on why the Making Home Affordable Plan is less than sterling in it’s intended results.
Where did this homeowner mortgage modification go wrong?
Where did this homeowner go wrong? Another mortgage modification goes south, attempted by a ‘private investor. What really hurts here, however, is the misinformation by an uninformed reporter. See the link below. Gary Harper of 3 on Your Side in Arizona takes the facts of the unfortunate homeowner and repeats what he’s been told by [...]
