ARCHIVED BLOG POSTS
2010
2
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Now that Washington has "fixed" health care, they are setting their sights on financial reform. What caused the current problem with the economy was not a lack of regulatory rules. It was a lack of enforcement of those rules that was promulgated by a failed policy. The FDIC simply looked the othe...
04/25/2010
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The Oval Office has revamped the foreclosure rules yet again. Maybe this change will work since the program has been largely a failure prior to this. Effective April 5, 2010 the following rules will apply to HAFA short sales. Allows the borrower to receive pre-approved short sale terms from the ...
04/12/2010
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Effective April 5, 2010 the following rules will apply to MHA/HAFA short sales. The Home Affordable Foreclosure Alternatives Short Sales Program (with a few new "tweaks") Allows the borrower to receive pre-approved short sale terms from the Servicer prior to the property listing. These terms ar...
04/08/2010