Delinquencies Rise for First Time in 9 Months

The total U.S. loan delinquency rate (loans 30 or more days past due, but not […]

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 […]

Foreclosures Up In More Than Half of Major Cities

A $25 billion settlement approved in March brought new standards and relief requirements for struggling […]

Thirty-Year Mortgages Hit Low of 3.84 Percent

Fixed mortgage rates have hit NEW ALL-TIME RECORD LOWS, as the 30-year fixed-rate mortgage averaged […]

Fannie & Freddie Are Accelerating Short Sales

Loan servicers must make short sale decisions within 30 days starting in June. The Federal Housing […]

What is the Foreclosure Timeline in California?

Understanding the TRUST DEED FORECLOSURE TIMELINE in California By Frank Verni When you find yourself in […]

Avoiding Short Sale Pitfalls

A short sale is when the lender will accept less on the sale of a […]

FHA Loans to Cost More Starting April 1, 2012

 I want to alert you to an upcoming change in FHA mortgage insurance premiums that […]

IMPORTANT UPDATE: HAFA’s sister program HAMP gets extended through 2013

The Treasury Department announced that the Home Affordable Modification Program (HAMP) – which is the […]