March 11 (Bloomberg) — Rick Sharga, executive vice president for marketing at realtytrac Inc., talks with Bloomberg’s Lori Rothman and Mark Crumpton about US foreclosure filings, which rose at the slowest pace in four years in February. Sharga also discusses the outlook for the US housing market. (Source: Bloomberg)
Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Mortgage Laws and Guidelines are Complex. Beware of the Banks Loss Mitigation Department. Go To realestatemarketingthisweek.com Part 2 (Excerpt) Loan modification pitfalls when dealing directly with the bank So I have seen all kinds of things on the internet about how you can pay 5 and you can learn how to be a loan modification expert overnight. Well I can tell you after having worked with attorneys for 20 years that you are not going to know the laws, like the attorneys do, you are not going to have the negotiating skills, like the attorneys do, just by reading a book and filling out a couple of pieces of paper. That does not make you a loan modification expert. And then the important thing to point out here is even though we joke around here, Dan, Arizona is known as the wild, wild, west, there is no restriction in this state, at this time, for the loan modification industry. For people that are jumping in, for people who are trying to do it on their own, in their spare bedroom, or their old office in their homes, and nothing could be the scarier thing for a home owner. You need legal representation; you dont want to pay anyone who is not a licensed entity or a member of the bar. That is what we do, we work with a national network of attorneys that work in all 50 states. They are experts and have done thousands of these over the last 16 years and that is why we aligned ourselves with them and …
Senator mcdonald unveils a new legislative proposal designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings. www.senatedems.ct.gov
Feb. 19 (Bloomberg) — US Housing and Urban Development Secretary Shaun Donovan talks with Bloomberg’s Peter Cook about President Barack Obama’s foreclosure-prevention initiative. Donovan said the .5 billion initiative targets the housing markets that need it most and additional programs may be created. (Source: Bloomberg)
Ergo's second drama! …don't watch the first. XD Entered in the Campus Movie Fest at CSU Northridge. To destroy someones life is never an easy task. To be paid to do it? Even worse. Harris just cant deal with it anymore. The stress of life and his job clash and his horrific boss Mr. Darmutt isnt helping. While both seem to think differently about the job, each one is living in their own personal hell. ENJOY!! And don't forget to subscribe! And tell us what you thought in the comments, and oh how we love those 5 stars! :D
Rosemary Williams and four other Minnesota women have decided to resist the foreclosure and eviction monster that's destroying our communities. People from the Twin Cities are helping these women defy eviction, the Hennepin County Sheriff, and the big banks that want to steal their homes. Produced by Twin Cities Indymedia tc.indymedia.org and the Poor Peoples Economic Human Rights Campaign http
Feb. 11 (Bloomberg) — US foreclosure filings rose 15 percent in January from a year earlier and exceeded 300000 for the 11th consecutive month as modification programs failed to keep delinquent borrowers in their homes, realtytrac Inc. said. Bloomberg's Su Keenan reports. (Source: Bloomberg)
We (www.mysocal-realestate.com) have been tracking foreclosures in Orange County since the fall. The numbers have been increasing steadily, especially in Santa Ana and Anaheim. 10600 (NOD, NTD, REO) is a lot bigger number than the mainstream media let on. The worst part is the erosion on wealth affecting all home owners. We make use of specialized software to compare the foreclosure activity to the MLS data to find pockets of opportunity and risk. One of the main features we use extensively is sort by $/sqft with filters for size, type, and # of bedrooms to see which cities and areas are worse off than others. We meet each Friday afternoon in Laguna Beach and are more than happy to share our property and market finding with others. Or just drop us a line through out website. www.mysocal-realestate.com