Tag: Lender World
Posted by http://www.floridashortsales.info - July 6, 2011 - News
Homeowners who have suffered through illegal foreclosures thanks to banks like Bank of America should be financially compensated by these lenders, according to results of a new Housing Predictor opinion poll.
Banking analysts estimate the number o
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- Foreclosure Slowdown Gives Investors Advantage Over Banks for Resales
- Americans Split Down the Middle About Foreclosure Rescue Efforts
- Headed to the Poll Again!
Posted by http://www.floridashortsales.info - July 6, 2011 - News
Since the launch of the Home Affordable Foreclosure Alternatives (HAFA) program in April 2010, JPMorgan Chase has completed more short sales and deeds-in-lieu of foreclosure through HAFA than any other mortgage servicer. That being said, there's stil
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- JPMorgan Chase to Begin Refiling Foreclosures
- JPMorgan Chase Needs $4.5 Billion to Fight Legal Battles
- Less than 13,000 HAFA Transactions Started Since Program Inception
Posted by admin - July 5, 2011 - News
The Treasury Dept.'s latest data on the Home Affordable Modification Program (HAMP) now includes data on those modifications with principal reductions. Known as Principal Reduction Alternative (PRA), mortgage servicers have cut the principal on nearl
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Posted by admin - June 30, 2011 - News
First of all, can I just say I'm loving this idea! Fannie Mae is taking off the gloves a bit and financially penalizing mortgage servicers for failing to process severely aged loans. Apparently, Fannie Mae sent an alert to servicers in the first quar
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- Fannie & Freddie Issue New Guidelines for Delinquent Mortgages
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- Foreclosure Sale Ban Lifted by Fannie Mae and Freddie Mac
Posted by admin - June 29, 2011 - News
This staggering 50 to 1 ratio of 90 days or more delinquent properties and those currently in foreclosure vs. distressed sales is the latest estimate of Lender Processing Services. The mortgage and real estate technology company compiles a monthly mo
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- More than 7 Million Mortgages Past Due
- 6.35 Million Mortgages Delinquent or in Foreclosure
- Fannie & Freddie Issue New Guidelines for Delinquent Mortgages
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