Mortgages - 2/6 - Short Sale Fundamentals - Part 2
 
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27
Dec
Banks Push Short Sales

Banks Push Short Sales

Can Short Sales possibly keep up with the foreclosure market available? That’s the question on most short sale investors’ minds. Until now banks have consistently favored foreclosures over short sales. But all that may be changing. Banks are planning on putting significantly more resources into checking out and approving short sales. In the coming months...

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24
Dec
New Year’s Success

New Year’s Success

The year certainly seems to be racing to a close. Everyone from salesmen to congressmen are rushing to get their work done. No one wants to leave unsold merchandise or unfinished business on the shelf. So it’s a big hurry to make this celestial deadline and end off the year on a high note. And...

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23
Dec
Bank Ratings in Danger

Bank Ratings in Danger

Banks are apparently not in for a very good year that’s coming up. I’m not particularly surprised by the news, but Moody’s felt like it was worth a study so I figured I would pass it along. Loan servicers still haven’t gotten their acts together when it comes to handling documentation relating to foreclosures. And...

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16
Dec
Foreclosures Hit New Lows

Foreclosures Hit New Lows

Are you a glass-is-half-full kind of person or a glass-is-half-empty kind of person? Guess what? It doesn’t matter one tiny bit! Headlines are screaming out across the internet: Foreclosures at lowest levels since 2008! Pandemonium ensues! New housing starts in the millions! Okay, maybe those last two aren’t exactly true, but the first one about...

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14
Dec
Owning a Home: Pipe Dream?

Owning a Home: Pipe Dream?

You know how you lead a donkey in those old cartoons? The guy would be sitting on top of the donkey holding a long stick. And at the end of the stick hanging right in front of the donkey’s eyes would be a carrot or something else the donkey liked. But as the animal would...

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25
Nov
True Thanksgiving

True Thanksgiving

I hope you’re all sitting down with your families to an amazing Thanksgiving meal. There’s plenty to be thankful for and not just the fact that old Uncle Ned isn’t drunk yet. But just give it time… I’m just kidding. It’s really been a tough year for some people and they’ll have the hardest time...

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24
Nov
Risky Assets Falling

Risky Assets Falling

What fills you with less confidence: seeing more money at risk of bad loans or seeing more banks at risk of bad loans? Basically, is it worse to have institutions fail or money be lost. That’s essentially the situation this week. 31 new banks were added to the FDIC’s “Problem List” bringing the total to...

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21
Nov
BofA and Old Republic

BofA and Old Republic

Bank of America has started an avalanche of lawsuits. Yep, they had to open their big mouths and start fighting for every penny they can find. Check out the latest trouble and let me know if you know where it’s going to end. Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend...

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21
Nov
Moody’s Robo-Signers

Moody’s Robo-Signers

How responsible is Moody’s, the credit and risk rating agency, for causing the failure of loans and the robo-signing crisis? Maybe more than you’d think. Check out this video for more on that and some major changes in the housing market. Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook...

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14
Nov
No More Excuses

No More Excuses

I wouldn’t watch this video if I were you. It blasts away all the excuses you’ve built up about why you’re not successful and how nothing is your fault. So if you’re happy where you are, skip it. But if you think it’s time for a change, then have a look. Share on bebo Blog...

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