Diana Olick - Fannie Mae: Walk Away and You Will Pay
“Dare I say it? “What took you so long??” An announcement from government-owned mortgage giant Fannie Mae warns: “Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae-backed mortgage loan for a period of seven years from [...]
HAMP Modifications Have Just a 50% Success Rate: Moody’s
The most recent Home Affordable Modification Program (HAMP) report released by the U.S. Treasury shows “extremely low conversion rates” from trial to permanent modifications, with success just a 50/50 gamble, according to commentary from Moody’s Investor Service.
As of the end of April, servicers participating in HAMP had converted almost 300,000 permanent modifications. However, they had [...]
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AUGUST REAL ESTATE NAVIGATORS MEETING
“How to START or RE-IGNITE Your Creative Real Estate Investing Business!”
AUGUST 10TH, 6 P.M. @ THE PENSACOLA MUSEUM OF ART
Killer Marketing Techniques to Create a Deluge of Motivated Seller Leads
Creative “No Money Down” Strategies for BOTH Beginners & Veterans
How to Secure NO QUALIFYING Financing for Your Flip Transactions
Entity Creation and Asset Protection - [...]
