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- Short Sales Continue to Become More Common than Foreclosures
- Foreclosures Avoided with 422,000 in Short Sales and 850,000 in Loan Modifications in 2012
- Obama Administration Reports on Loan Modifications and Foreclosures in January
- Freddie Mac’s New Short Sale Process Has Begun to Take Hold
- U.S. RMBS (Residential-Mortgage Backed Security) Delinquencies Dropped in Q4 2012
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Tag Archives: mortgage lender
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
Posted in Foreclosure
Tagged Ally Bank, attorney general, Bank of America, Citibank, Fannie Mae, foreclosure, Freddie Mac, GMAC, JPMorgan Chase, mortgage lender, mortgage modifications, robo-signing, short sale, Wells Fargo
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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
Posted in Homeowner Information
Tagged bank, behind on mortgage, credit history, Dallas short sale, FHA, foreclosure, mortgage lender, negotiate a short sale, short sale, short sale realtor
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John Anderson