Posts Tagged ‘homeowners’

Freddie & Fannie Cough Up HAFA

admin
Jun 14 |20:57

Not known for speed, Freddie Mac and Fannie Mae finally released their versions of HAFA (Home Affordable Foreclosure Alternatives) last week.

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Bank of America Not Making the Cut

admin
Jun 10 |20:55

I just finished reading an article about Bank of America offering a “special” plan to partially forgive debts of underwater homeowners.  Why are they doing this?  Because they messed up.

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Supply More Than Demand: Means Short Sale

admin
Jun 8 |14:41

It’s official.  Foreclosures have lost their luster at the same time that the banks are going to unload piles of them onto the market.

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Bank of America Not Making the Cut

admin
Jun 2 |14:28

I just finished reading an article about Bank of America offering a “special” plan to partially forgive debts of underwater homeowners.  Why are they doing this?  Because they messed up. According to a Bank of America credit loss mititgation exec, they have failed to handle customers at the “standards Bank of America is accustomed to.”

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Home-Buyer Credit Warping View?

admin
May 24 |14:31

Thank you National Association of Realtors for keepin’ it real.  According to data released today, April saw a 7.6% increase in resale of homes.  In a rush to beat the tax credit deadline, there are currently 5.77 million buyers rushing to the closing table.  But, before touting “economic health regained”, NAR also reported that available inventory jumped 4.04 million, or 11.5%, in April too.

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