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 […]

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 […]

Advantages of a Short Sale vs. Foreclosure

Short Sale vs. Foreclosure – Who Wins? Click here and check out this video for […]

Part of California Homeowner Bill of Rights passes committee

The Assembly Public Safety Committee unanimously passed Senate Bill 1474, a piece of the California […]

Shortgage of Homes For Sale Causing Fierce Competition

The newest problem for the slowly improving housing market isn’t a shortage of serious buyers, […]

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 […]