Mortgage-Relief Scam? – S.S./Foreclosures

“If you’re a struggling homeowner trying to save your house from foreclosure, beware the latest mortgage-relief scam: Dozens of companies have been accused of falsely promising mortgage relief—while collecting millions of dollars in illegal upfront fees, according to a report by the Los Angeles Times. The Consumer Financial Protection Bureau recently filed three lawsuits against eight firms accused of…

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Mortgage Distress? No Fear! – Short Sales and Foreclosures

Mortgage: “ The Making Home Affordable (MHA) program, which includes both the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP), has been extended through December 31, 2016.” Mortgage payments are difficult, people. We’re all aware, and no one’s pretending that the struggle isn’t real. However, push your worries aside slightly, for…

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Foreclosure – The Brink?!

FORECLOSURE! “This mosaic, created with images from Google Maps Street View, shows one of the many enormous challenges facing Detroit as it tries to climb out of debt. As of January, the owners of these properties collectively owed the county more than $328 million in unpaid taxes and fees. Since then, some have paid their…

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Foreclosures at a new low; will it stick?

Foreclosures: “Black Knight Financial Services released its “First Look” at May Mortgage data, which found that foreclosure inventory declined to its lowest level since July 2008. As a percentage of total inventory, foreclosure pre-sale inventory is 1.91 percent, down 5.56 percent month-over month. The percentage of total U.S. foreclosure pre-sale inventory is down 37.23 percent…

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Benefits of Working with a CDPE – Short Sales

Agents with a lot of experience in a specific area or neighborhood are tuned into why and how homes in that area sell. These agents work with you to develop tailored pricing and marketing strategies, helping guarantee that you sell your home. The same is especially true for distressed or underwater homeowners. An underwater homeowner…

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New Fannie Mae FirstLook Policies – Foreclosures

The Fannie Mae REO company has a successful and efficient marketing branch called HomePath. Heated responses to limited incentive policies recently have prompted a brief extension of the national deadline. The new FirstLook program gives buyers and sellers a new 20-day period for investigative and inspection purposes. Check out this Mortgage News Daily article for…

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