Nationwide, the economy and housing market are functioning at a level about 87% of their pre-crisis normal levels, according to the National Association of Home Builder's Leading Markets Index. 59 of the 350 metro markets are at or above their pre-crisis norms, up from 58 metros last month. 130 markets are at levels of least 90% ...
Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP) announced in a press release Friday that a federal jury in New Haven has convicted Jesse C. Litvak, a registered broker-dealer and former managing director at New York investment bank Jefferies & Co., Inc., of multiple offenses involving schemes to defraud customers trading in residential mortgage-based securities (RMBS).
Wells Fargo announced its support of the American Land Title Association's (ALTA) Best Practices in its Settlement Agent Communications issued March 6, 2014. The lender said the Best Practice guidelines for sound business practices should ideally already be in place for businesses providing title and closing services for its customers.
The post Wells Fargo Endorses ALTA’s Best Practices Guidelines appeared first on DSNews.com.
What is The Short Sale Specialist Network?
We are a nationwide network of Realtors® who are specialists in helping homeowners avoid foreclosure by working a short sale. We have created this site as an outlet for our referral and training programs, as well as to provide a resource for agents around the country to network with each other and discuss tactics and strategies in order to better work short sales.
A site by short sale Realtors®, FOR short sale Realtors®.
At The Short Sale Specialist Network, we also work with thousands of homeowners in financial hardship, educating and guiding them through the short sale process and directing them to a qualified, screened short sale agent in their area.
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For release: From The CALIFORNIA ASSOCIATION OF REALTORS® December 4, 2013
IRS and California Franchise Tax Board declare California distressed home sellers not liable for federal or state income tax on short sales
LOS ANGELES (Dec. 4) – The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) announced today it…
The Wisconsin housing statistics are in for January of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
The harsh winter took a toll on January home sales in Wisconsin, according to the most recent analysis of housing market activity released by the Wisconsin REALTORS® Association…Continue
Why is it that when you try to help distressed homeowners they seem to not cooperate?
Studies have suggested that homeowners facing the potential loss of their home are riddled with fear, guilt, resentment and doubt.
The fear is the overwhelming feeling and the embarrassment of losing their home, their family and the thought of people talking about them.Continue
Ocwen is the 1st and SLS the 2nd and escrow closed on 1/23/14. Both lenders approved the Hud for closing
Ocwen called days later asking for a new revised approval letter from the 2nd. The 2nd approval stated "minimum
proceeds to close approved short sale to be $6,000. Ocwen approved seller for Hafa and gave 2nd $8500. This
amount was on the Hud that was approved and SLS said they did not need to revise their letter. Title was fine with
this amount as it did state…Continue
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