by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Real Estate Facts & Figures
James B. Lockhart, Director of the Federal Housing Finance Agency today released the first monthly Foreclosure Prevention Report, which provides comprehensive monthly data on the loan modification efforts of Fannie Mae and Freddie Mac. Fannie Mae’s HomeSaver Advance...
by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Mortgages + Lending
Part 1 of this blog series detailed some of the programs and resources available to distressed home owners from the government and Fannie Mae and Freddie Mac. Those programs were insufficient to assist the increasing volume of struggling homeowners. This segment deals...
by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Mortgages + Lending
Traditionally, the help available to a distressed home owner from the government and Fannie Mae and Freddie Mac was limited to information and advice, such as that under the Hope Now Program. Hope Now is a free foreclosure prevention service provided by loan servicers...
by kramoltz@hotmail.com | Sep 1, 2014 | Foreclosures + Short Sales, Preparing a Home for Sale
I wanted to pass along a story about gruesome surprises found in homes for sale. This one concerns a foreclosed home. In Dayton, Ohio last year a home had been foreclosed on and a contractor was hired to remove any remaining items the previous owner left behind....