CoreLogic: 10.4 million mortgages still in negative equity | HousingWire

CoreLogic: 10.4 million mortgages still in negative equity | HousingWire

HARP hits 2 million refinances | HousingWire

HARP hits 2 million refinances | HousingWire

Judicial foreclosure states continue to clog inventory pipeline | HousingWire

Judicial foreclosure states continue to clog inventory pipeline | HousingWire

Don't Go into a Gun Battle with a Butter Knife (Part 1)

Who can believe that after four years homeowners and their lenders are still trying to get on the same page when it comes to dealing with underwater mortgages. Several programs by the government like the HAMP and HAFA programs meant well but was met with opposition from lenders and servicers.

Without any strict enforcement, lenders and servicers have sent distressed homeowners in a never ending circle of frustrating processes to get loans modified. While the government had high goals of modifying over 20 million loans over the past four years, only a fraction of that really occurred.

Luxury real estate buyers drive market activity | HousingWire

 Luxury real estate buyers drive market activity | HousingWire

Mortgage delinquencies tick up in December | HousingWire

Mortgage delinquencies tick up in December | HousingWire

Servicing, lending rules prompt hunt for compliance experts | HousingWire

Servicing, lending rules prompt hunt for compliance experts | HousingWire

Five Easy Steps to Modifying Your Loan

The housing crisis has been hitting homeowners hard since 2007. The number of homeowners facing foreclosure is staggering. Nearly 15% of homes are in some sort of foreclosure proceeding. One out of three homeowners are “underwater” in the value of their home, meaning they owe more than what their property is worth.

A Smart Short Sale Guide for Dummies Part #1

A Short Sale is a process during a pre-foreclosure procedure, whereby the bank will accept a lower percentage amount of the face of the loan, as well as deduct the interest and penalties, due to the financial hardship of the homeowner.

Beware of these Pitfalls When about to do a Short Sale!

You can represent the seller or homeowner in distressed situations like this one, as long as you are purchasing the property yourself. The main thing you need to do is ask yourself these questions.