MERS: Scandal or Smokescreen?
Another week, and the economy is still in a holding pattern. “RoboScandal” is on the tips of everyone’s tongue. And throughout the media and financial worlds, people are… Read more ⇢
News
Fannie Mae and Freddie Mac ROBO-Signing Update
On October 1, FHFA announced that Fannie Mae and Freddie Mac are working with their respective servicers to identify foreclosure process deficiencies and that where deficiencies are identified, will… Read more ⇢
Chase, GMAC Mortgage expand foreclosure document reviews
Attorneys general in all 50 states have agreed to “speak with one voice to the greatest extent possible,” forming a bipartisan group to investigate affidavits and other documents loan servicers have… Read more ⇢
States to Probe Mortgage Mess
Attorneys General Hope Lenders Will Re-Write Loans With Troubled Documents A coalition of as many as 40 state attorneys general is expected today to announce an investigation into the… Read more ⇢
Bank of America to Prvide Warranties To Title Companies on Robo-Signed Documents
In addition to satisfying federal and state regulators that they’re following the letter of the law, lenders embroiled in the “robo signing” scandal may soon have to provide warranties to title… Read more ⇢
Foreclosure Update
No doubt you’ve heard the news recently that a number of major banks have volunteered to temporarily suspend foreclosures in 23 states and Bank of America is temporarily suspending foreclosures nationwide. Read more ⇢
What are the experts saying to homebuyers and sellers about current market conditions?
What are the experts saying to homebuyers and sellers about current market conditions? The successful brokers and sales associates are talking about the strengths that exist in the market. Read more ⇢
My Top Five Deal Breaker When Purchasing a Home
http://bit.ly/bkUyf6 You can change the paint color, or add wallpaper. You can install a swimming pool or take… Read more ⇢
Preventing Credit Score Dings
http://nyti.ms/aV3RJf IF you’re looking to refinance or buy a home, potential lenders and mortgage brokers will be checking your … Read more ⇢
Stock markets rise on hopes of Fed easing
http://bit.ly/aUGoyb Stock markets from Asia to Europe are higher, anticipating that the Federal Reserve will try to boost the struggling US economy. Read more ⇢
Skirball Center Drive Bridge set for demolition beginning Oct. 12
Marking the second bridge replacement milestone for the I-405 Sepulveda Pass Improvements Project, contractors are set to begin demolition of one-half of the Skirball Center Drive Bridge in theSepulveda… Read more ⇢
B of A Halting All Foreclosures
Bank of America is halting foreclosure sales in all 50 states as part of a widening investigation into flaws in the process, the company announced Friday. The… Read more ⇢
Beating Spam for Good
Spam is no longer contained to e-mail accounts. Today’s spammers are targeting Facebook, Twitter, and even your mobile phone. Learn how to protect yourself in this brave new world. Deborah Bremner… Read more ⇢
C.A.R. releases 2011 California Housing Market Forecast
A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to… Read more ⇢
No Short Sale Deficiencies
Starting January 1, 2011, a seller’s first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale… Read more ⇢
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