July 24, 2017

Outrageous | The Short Sale Scam: Most Going to Non-Recourse States that Bar Deficiency Judgments

“But here’s the key point: 12 states are “non-recourse states.” In these states, the bank is … [Read more...]

Fannie Mae Wants Consequences for Strategic Default

A few weeks ago, Fannie Mae issued an outright threat to homeowners in this country, creating a new … [Read more...]

Attention! Attention! | Fannie Mae Now Requires Servicers to Protect the Priority of Mortgage Liens by Clearing ALL Liens for Delinquent Homeowners’ Association Dues

Servicing Guide Announcement SVC-2012-05 Payment of Homeowners’ Association Dues and Condo … [Read more...]

Freddie Mac Servicers Bulletin NUMBER: 2012-10 | HFAs MORTGAGE ASSISTANCE PROGRAMS and HAMP and HAFA Initiative Extension

SUBJECTS With this Single-Family Seller/Servicer Guide (“Guide”) Bulletin, we are making the … [Read more...]

Fannie, Freddie Set New Timelines for Short Sales to Help Add Transparency, Expedite Decisions

Freddie Mac Sets New Timelines for Short Sales to Help Add Transparency, Expedite Decisions … [Read more...]

Toxic Titles | Title Companies Limit Ability to Use Deed-in-Lieu as a Remedy

Title Companies Limit Ability to Use Deed-in-Lieu as a Remedy It has come to our attention that … [Read more...]

Mark Stopa | Return of Original Note/Mortgage – After a Settlement

“My concern is far greater than this one case. I’ve seen this issue far too often, and I see … [Read more...]

Mark Stopa | Return of Original Note/Mortgage – After a Settlement

“My concern is far greater than this one case. I’ve seen this issue far too often, and I see … [Read more...]

Freddie Mac Bulletin NUMBER: 2012-5 | Servicers Must Waive All Rights to Pursue Deficiency from Short Sales and Deed-In-Lieu of Foreclosure

DEFICIENCY FROM SHORT PAYOFFS AND DEEDS-IN-LIEU OF FORECLOSURE We have updated the Guide to … [Read more...]

New Fannie/Freddie Guidelines Discourage Short Sale/Deed In Lieu

In yet another example of how the policy makers don’t get it, the latest guidelines fail to … [Read more...]

UNDERSTANDING MARS – A Webinar on the FTC’s Final Rule – With Compliance Attorney, Julie Greenfield

RE-POSTED FOR YOUR CONVENIENCE: Understanding MARS The FTC’S Final Rule for Mortgage … [Read more...]

Mortgages Over $1 Million Now Defaulting at TWICE the National Average

Like I’ve been saying for over a year now… the water is rising.  Do you feel it?  It’s tickling your … [Read more...]

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