I have heard a lot of people ask about Principal Reduction Programs. I have not seen any, but I have heard many talk about them. The truth is had the Principal Reduction Programs been rolled out in early 2009 I believe we could have stopped the huge declines in value. I read last week that…Read More→
Four Proposals for Reforming Fannie and Freddie
Fannie and Freddie are in the news daily. What to do? The biggest issue I see is that banks are not responding in a manner one would expect, due to the coverage issued by Fannie and Freddie. I hear people all the time with a ton of anger against the bank and their frustration on…Read More→
Many homeowners flunking out of trial mortgage modifications
More information about the failed Modification Program or HAMP, Home Affordable Modification Program. That is why the government is pushing HAFA now. HAFA is Home Affordable Foreclosure Alternative. Another way to say HAFA is SHORT SALE. This is the governments way of saying we agree Short Sale is a viable method for us to get…Read More→
HAFA – HOME AFFORDABLE FORECLOSURE ALTERNATIVE – New Government Program April 5, 2010 for Short Sales
Hi to all! I hope you are well, however, the financial crisis is affecting everyone. Some more than others, but everyone. Recently I went through the difficulties at a deep personal level. I feel now more than ever my experiences have meaning and were designed to prepare me to help many that are troubled by…Read More→
HAFA Program roles out soon- That is the Home Affordable Foreclosure Alternative by the US government
The Hafa program is being released soon and I was notified of some recent changes to the program. Take a look and see how they may affect you. Please don’t hesitate to call with questions. I thank Front Line Real Estate Schools for this update: Just one week before the implementation deadline for the new…Read More→
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