Independent Foreclosure Review Coming to a Close
Independent Foreclosure Review Coming to a Close
By Anna Cuevas, Huffington Post, June 28, 2012
Homeowners seeking a review on whether they have been unfairly foreclosed have been granted an extension, but the deadline is almost here. All review requests must be received on or before September 30, 2012, extended from the original date, granted by the OCC and Federal Reserve in an attempt to assist a greater number of foreclosed homeowners during the years 2009 and 2010. However, like the government's loan modification program, HAMP, the number of homeowners this program has assisted to date has been far less than expected.
Restricted REO Inventory Side Effects
By Daren Blomquist, RealtyTrac Vice President, June 28, 2012
Although the foreclosure processing delays triggered by robo-signing are stalling any definitive real estate recovery, there are some side effects that may be positive for the overall housing market.
7 Best Banks for (Short) Short Sale Bargains
By RealtyTrac Staff, June 27, 2012
The process of buying a short sale and the discounts available can vary widely based on the lender/servicer/investor involved in approving the sale. Here are the 7 best banks for short sale bargains.