Just closed one with great overall success. All parties extremely happy. 1st time home owners, sellers starting over and an asset off the books for the bank. Des Moines, Washington; 4br over 2,000 sq. ft.
Wednesday, April 6, 2011
Friday, April 1, 2011
A Fairer Foreclosure Process!
Mortgage Loan servicers made several concessions in their version of a settlement proposal that they recently submitted to federal and state regulators.
In an excerpt of the draft, obtained by DS News, servicers agree to stop “dual tracking,” or proceeding with a foreclosure while a borrower is under review for or in the process of completing a loan modification. I'm sure we'll hear more about this in the next few weeks.
In an excerpt of the draft, obtained by DS News, servicers agree to stop “dual tracking,” or proceeding with a foreclosure while a borrower is under review for or in the process of completing a loan modification. I'm sure we'll hear more about this in the next few weeks.
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