In April 2011 a similar bill was introduced, but it never came up for debate before a House committee. The previous version said that if a borrower submitted a written request for a short sale of a home and if they did not receive a written response within 45 days,… Read More »

Center of Responsible Lending  compliled a report – “Lost Ground, 2011”. It  is based on an analysis of 27 million mortgages made over a five-year period. Here are our top-line findings: The nation is not even halfway through the foreclosure crisis. 6.4 percent of mortgages made between 2004 and 2008 have… Read More »

These Are The National REO Statistics:  1,600,000 Homes are currently owned by Lenders/Banks  3,600,000  Mortgages are delinquent and at risk of foreclosure  14,000,000  Mortgages are at 125%  or greater LTV than the                       actual home values

I hope it is just the holiday season. The latest weekley survey by Mortgage bankers association.

This article by CNBC is rather optimistic. I wish we were on the road of recovery by 2013. “U.S. home prices will stagnate through next year and only start recovering in 2013, according to economists polled by Reuters who also felt the stimulus options being floated will not do much… Read More »

We offer you the latest in technology for searching the Real Estate database that the Real Estate agents use. Use the advanced search options to tailor and save your search so that you can find the house for you. If you sign up for a free, no obligation account you… Read More »