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Allie L. Zehring posted a blog postFreddie Mac sees 'more warmth' for Housing Market
According to the latest monthly outlook, Freddie Mac foresees “cautious signs” of improvement in the housing market as well as the overall economy and looks forward to “more warmth” in the year 2013. “The US economy continues to build on the momentum from the end of last year,” said Freddie Mac VP and chief economist, Frank Nothaft. …See More
Terry Stewart commented on Allie L. Zehring's blog post $25 billion Robo-Signing Agreement Made"I just heard from one of my clients who is in loss prevention that they had been told to hold off on filing any new foreclosures last fall. Last week they were told to get the files ready to start proceeding again. Hmmm. Get out of jail free card…"
Jose Hernandez commented on Allie L. Zehring's blog post $25 billion Robo-Signing Agreement Made"It's a $20,000 principal reduction with the ability to refinance. It does not make sense if the property is worth 150k and I still owe 300k. It's more of a bank bailout in disguise! But don't get me wrong, I'm…"
Allie L. Zehring posted a blog post$25 billion Robo-Signing Agreement Made
An announcement was made this morning by Federal and state officials, 49 state attorneys and the federal government have agreed on a $25 billion settlement with the nation’s five largest mortgage servicers in regards to what was known as “loan servicing and foreclosure abuse”. Evidence of robo-signing began to show in 2010 during a high number of foreclosures.…See More
Allie L. Zehring posted a blog postA Near $10 billion for New Obama Mortgage Plan
The largest banks are looking at $5 billion and $10 billion in costs for a new mortgage refinance plan the White House would send to Congress. President Obama announced a plan to allow private label mortgages, those who are not guaranteed by Fannie Mae and Freddie Mac, to refinance through the Federal housing Administration.…See More
Allie L. Zehring posted a blog postOptions to Avoid Foreclosure
Ways to Stop Foreclosure People who are facing a foreclosure now have quite a few ways to stop it. Being on a hardship can be tough on its own, but losing your home can add a whole new dimension to it. A home can also be more than a home; for some individuals and families, it is a source of dignity, and a symbol of independence. Regardless of what a home means to you, there are many…See More
Marsha Bowen Washington commented on Allie L. Zehring's blog post Short Sale Approval Tips"Great Post! Thank you"
Allie L. Zehring posted a blog postShort Sale Approval Tips
Five Agent Tips to Insure Short Sale Approval There is an innate importance in knowing the five agent tips to insure short sale approval. Essentially, based on 2011 statistics, about a third of the properties in the United States belong to distressed homeowners. There is no doubt that these homeowners are affected by…See More
Allie L. Zehring posted a blog postReport Shows Loan Mod's Falling
A third quarter report through Moody’s Investors Service said that servicers are beginning to sort and work through some of their foreclosure backlogs. Moody’s report also shows that loan modifications are on the decline and servicers are opting to loss mitigation alternatives such as short…See More
Allie L. Zehring posted a blog postShort Sales on The Rise In Orlando, Florida
In November, Orlando Florida homes found itself up $115,000, from the previous year. Short sales are taking the credit for this, says the Orlando Regional Realtor Association. In November, 2011, short sale transactions increased to 39.38% compared to the previous year, while also the median price of short sale improved by 7.07% from its original $99,000 to $106,000. …See More
Allie L. Zehring posted a blog postThird Party Foreclosure Reviews Being Offered
There is a new service for lenders and servicers which is offering independent loan-level foreclosure reviews and legal opinion, the Nationwide REO Brokers, Inc, reveled. Because of the high amount of complications involving the foreclosure process, mainly in NREOB’s home state of Massachusetts short sales, the company has protracted its service…See More
Allie L. Zehring posted a blog postCEO Of Fannie Mae to Say Goodbye
Fannie Mae’s, Michael Williams has resigned from his position as CEO and President. In 2009, Michael Williams was selected to be the top post at Fannie Mae, following a time after the company was put into federal conservatorship. However, Williams will remain CEO and director until Fannie Mae’s board puts a name to a new successor.Since Williams has been with Fannie Mae, he has authorized six million…See More
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- Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
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Allie L. Zehring's Blog
Freddie Mac sees 'more warmth' for Housing Market
Posted on February 23, 2012 at 12:46pm 0 Comments 0 Likes
According to the latest monthly outlook, Freddie Mac foresees “cautious signs” of improvement in the housing market as well as the overall economy and looks forward to “more warmth” in the year 2013. “The US economy continues to build on the momentum from the end of last year,” said Freddie Mac VP and chief economist, Frank…
Continue $25 billion Robo-Signing Agreement Made
Posted on February 9, 2012 at 1:18pm 2 Comments 0 Likes
An announcement was made this morning by Federal and state officials, 49 state attorneys and the federal government have agreed on a $25 billion settlement with the nation’s five largest mortgage servicers in regards to what was known as “loan servicing and foreclosure abuse”. Evidence of robo-signing began to show in 2010 during a…
Continue A Near $10 billion for New Obama Mortgage Plan
Posted on February 3, 2012 at 12:30pm 0 Comments 0 Likes
The largest banks are looking at $5 billion and $10 billion in costs for a new mortgage refinance plan the White House would send to Congress. President Obama announced a plan to allow private label mortgages, those who are not guaranteed by Fannie Mae and Freddie Mac, to refinance through the Federal housing Administration.…
Continue Options to Avoid Foreclosure
Posted on January 31, 2012 at 5:07pm 0 Comments 0 Likes
Ways to Stop Foreclosure
People who are facing a foreclosure now have quite a few ways to stop it. Being on a hardship can be tough on its own, but losing your home can add a whole new dimension to it. A home can also be…
Continue
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Forum
Supreme Course rules on Quicken Case - Fee does not violate Section 8(b) of RESPA
Started by Patti Guilford in Rants and Raves. Last reply by Fred Shocklie 1 hour ago. 2 Replies 0 Likes
What does Analysis stage mean Bank of America
Started by Craig Schneider in Rants and Raves. Last reply by Craig Schneider 2 hours ago. 9 Replies 0 Likes
Making sure your Realtor is on top of things
Started by Stephen Dotlich in Rants and Raves. Last reply by Satar Naghshineh 2 hours ago. 16 Replies 0 Likes
Are FHA loans eligible for HAFA?
Started by Cinda Rose in Rants and Raves 5 hours ago. 0 Replies 0 Likes
Bank of America changed closing date
Started by Kevin Hayes in General Discussion. Last reply by Dawn Marie Richeal 5 hours ago. 5 Replies 0 Likes
Bank of America NDS Co-op on Proactive
Started by Olesya Drozdova in Question and Answer. Last reply by Jack Dudenhoeffer 6 hours ago. 3 Replies 0 Likes
Is There A Maximum Dollar Amount That Qualifies For A Short Sale?
Started by James Ybarra in Rants and Raves. Last reply by Mike Linkenauger 7 hours ago. 4 Replies 0 Likes
Does anyone have any short sale experience with Ocwen Bank?
Started by Varnie Jules in Network Talk. Last reply by Joseph C. Alfe on Monday. 15 Replies 0 Likes
Bank of America Short Sale Incentive Relocation Assistance
Started by TeamKane Realty in Rants and Raves. Last reply by Rob E. Kirchner on Sunday. 2 Replies 0 Likes
Can the seller pay additional commission?
Started by Jose Hernandez in Question and Answer. Last reply by Satar Naghshineh on Sunday. 63 Replies 0 Likes
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