Tag Archives: mortgage lender

Housing Prices to Drop by Nine Percent – Except in Texas

Housing prices nationwide likely will drop another 9.1% on average before leveling off, according to the latest quarterly market update by Fitch Ratings The agency’s Sustainable Home Price (SHP) model predicts that housing prices still have a ways to go before reaching a level that can be supported by market fundamentals Continue reading

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Robo-signing Settlement: The Impact on Short Sales

The settlement closes the chapter on the robo-signing scandal that broke in late 2010, when it came to light that major service providers were signing off on foreclosure documents without following proper protocols – in many cases, without even reading the paperwork. Continue reading

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Why Would a Bank Negotiate a Short Sale?

For homeowners who can no longer afford their mortgage payments, arranging a short sale is far preferable to losing their home in a foreclosure A short sale can help protect your credit history and give you the time and resources to make other living arrangements, providing a smoother transition to your next residence Continue reading

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