Mortgage
Mortgage Aid News
Mortgage Aid News
Archive for: September, 2010

Reporting on Ongoing Outcomes Using the REST Report

Reporting on Ongoing Outcomes Using the REST Report

WARNING: THERE ARE FIRMS CLAIMING TO OFFER THE REST REPORT THAT ARE NOT AUTHORIZED TO DO SO. CHECK MANDELMAN MATTERS BEFORE YOU BUY A REST REPORT, I WILL BE POSTING A LIST NEXT WEEK OF THE FIRMS AUTHORIZED TO OFFER THE REPORT. IF YOU’RE UNSURE ABOUT WHETHER THE FIRM YOU ARE TALKING TO IS AUTHORIZED [...]

Foreclosure Prevention, Loan Modification & REST Report

Foreclosure Prevention, Loan Modification & REST Report

Sally Herigstad, a contributor for Interest.com posted an article on “How to Fight Foreclosure.”  She reports that only about 15% of homeowners that try to do it on their own succeed.  Borrowers can spend months negotiating with customer service reps and documenting every aspect of their financial lives, only to have their requests abruptly denied. [...]

HAMP NPV 4.0 To Be Released

HAMP NPV 4.0 To Be Released

On Friday, October 1, 2010, Fannie Mae, as program administrator for the Home Affordable Modification Program (HAMP), plans to release the base Net Present Value (NPV) model v4.0 spreadsheet tool, which will include new input fields, changes to existing input fields, and new output fields. As stated in the HAMP Guidelines: A standard NPV Test will [...]

Short Sale Scam

Short Sale Scam

Real Estate Department warns of rise in short sale fraud BY COURTENAY EDELHART, Californian staff writer cedelhart@bakersfield.com | Monday, Sep 13 2010 05:48 PM Last Updated Monday, Sep 13 2010 05:48 PM The California Department of Real Estate says it has noticed an alarming escalation of short sale fraud and will step up education and [...]

President Obama On Economy

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