Tag Archives: frankverni

Feds Missed the Housing Bust!

Feds Missed the Housing Bust! CLICK HERE for Article CLICK HERE for all pages of the Feds 2007 meeting minutes Frank Verni : http://frankvernirealtor.com

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Banks Reach $8.5B Foreclosure Settlement

Banks Reach $8.5Billion Foreclosure Settlement with the Feds Additional Information: http://www.federalreserve.gov/newsevents/press/bcreg/20130107a.htm Frank Verni: http://frankvernirealtor.com

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Banks Reach $8.5B Foreclosure Settlement

[kaltura-widget uiconfid=”535″ entryid=”0_7gz0r0bh” width=”400″ height=”330″ addpermission=”” editpermission=”” /] Banks Reach $8.5B Foreclosure Settlement with the Feds Click Here for Additional Information

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Will 2013 be the Time To Buy a Home?

Have we reached the bottom? With prices starting to increase and interest rates at historic lows… the window of opportunity to get a good deal on a home [..]

Home Buyers, Homeowner issues, Tips and Strategies , , , , , , , , , , , ,

Big Investment Firm Buys Hundreds of Houses in Sacramento Area

An investment firm that owns the Waldorf Astoria hotel and the Weather Channel has bought more than 500 houses in Sacramento in the past few months, betting upward [..]

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Property Tax Time – Is Your Assessment Right?

Property tax bills will be mailed to homeowners in October and in this upside-down real estate market, it is worthwhile for sacramento area homeowners to scrutinize their bills to [..]

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Chase Offers No-Document Refinance with Principal Reduction

JPMorgan Chase went from fast-tracking foreclosures to rubber stamping and pre-approving some borrowers for refinances and even principal reduction. If you have a Chase loan… Make sure you open [..]

Loan Modifications, Media Articles, Mortgages, Refinance, Upside Down Mortgage , , , , , , , ,

NO Principal Reduction for Fannie Mae & Freddie Mac Loans

Fannie Mae and Freddie Mac Loans Will NOT be Allowed to do Principal Reduction for Loan Modifications under the Home Affordable Modification Program (HAMP). Click Here to Read More

Foreclosures, Loan Modifications, Media Articles , , , , , , , , , ,

Home Prices Increase – Underwater Homes Keeps Inventory Low

Tight market conditions fueling price increases – Home prices saw the largest spring gain in a quarter century during the three months through May, but the sluggish economy [..]

Home Buyers, Media Articles, Uncategorized , , , , , , , , ,

Advantages of a Short Sale vs. Foreclosure

Short Sale vs. Foreclosure – Who Wins? Click here and check out this video for the answers  

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CA Lawmakers Approve Homeowner Rights Bill

California lawmakers approved legislation Monday hailed as the nation’s most comprehensive push to strengthen homeowner rights since the housing meltdown, acting despite opposition from the banking and finance [..]

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Foreclosures & Home Inventories in Region Continue to Decline

Foreclosure and mortgage delinquency rates in the 4 county Sacramento region (Sacramento, El Dorado, Placer, Yolo) decreased for the month of April over the same period last year causing [..]

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Part of California Homeowner Bill of Rights passes committee

The Assembly Public Safety Committee unanimously passed Senate Bill 1474, a piece of the California Homeowner Bill of Rights, which aims to protect the state’s homeowners from fraud.

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Shortgage of Homes For Sale Causing Fierce Competition

The newest problem for the slowly improving housing market isn’t a shortage of serious buyers, it’s a shortage of good homes.

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Shadow Inventory: 45 Months to Clear Distressed Housing Supply

It will take at least 45 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services [..]

Foreclosures, Mortgages, Uncategorized , , , , , , , , ,

Sacramento Homeowners Are Really Underwater

Homeowners in the Sacramento metropolitan area are underwater by $20.7 Billion. This is according to a national study conducted by Zillow, a Seattle based real estate data company. [..]

Foreclosures, General Info, Short Sale , , , , , , , , , , ,

Delinquencies Rise for First Time in 9 Months

The total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure) stood at 7.12 percent. Lender Processing Services Inc. (LPS) has reported the [..]

Foreclosures, General Info, Mortgages , , , , ,

B of A to Pay Homeowners Up To $30K For Short Sales

Bank of America launched a new short sale program that could pay distressed homeowners between $2,500 and $30,000 in relocation assistance. This is good news for homeowners that [..]

Foreclosures, Media Articles, Short Sale , , , , , , , , ,

Bank of America Offers Principal Reductions to 200,000 Homeowners

A select group of struggling mortgage borrowers are about to get an offer that sounds too good to be true. Bank of America says they will begin mailing [..]

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CA Homeowners Warned About Mortgage Relief Scams

The recent nationwide settlement between states and mortgage lenders is meant to help struggling homeowners but be on the lookout for scam artists unleashing a new wave of attempts to fleece [..]

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