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Economic News

Zombie infection in America In recent years, the term “zombie homes” has slowly grown in popularity as a term to describe the sitting foreclosures...

Mortgage

Hot water for Bank of America In 2007, prior to failing and being bought by Bank of America, Eileen Foster was promoted to the...

Economic News

Large city files suit Mortgage Electronic Registration Systems Inc. (MERS) bowed out of facilitating foreclosures this July after various investigations including a federal investigation...

Coaching

A successful short sale closing is like a recipe for mole poblano. Are you familiar with mole poblano? It’s a chocolate-tinged sauce made famous in the colonial days...

Housing News

Foreclosures frustrating neighbors “House full of rats” is the sign homeowner Lynn McGee hung on her neighbor’s door after desperately trying to get someone,...

Coaching

Does Drama Have a Place in Short Sale Negotiations? I’m a little bit embarrassed to admit it, but one of those Kardashian reality television...

Housing News

Seriously? After all of this? It is shocking that big banks are still perpetrating the same sins that have landed them in court with...

Housing News

Proactively seeking a loan modification As with most Realtors in America, the economic downturn has hit Realtor Mark Conca’s bottom line, so in 2009,...

Housing News

Wrongful foreclosures increasing in number? We’ve seen banks foreclose illegally on the wrong address, illegally foreclose on soldiers fighting abroad, foreclose on homes that...

Economic News

How much did “too big to fail” cost behind closed doors? The Federal Reserve bailed out dozens of banks and brokerage firms starting in...

Coaching

Wells Fargo now uses Equator A little over a month ago, Wells Fargo officially announced that it was joining the list of servicers that...

Housing News

Fannie Mae’s current role This spring, we reported that eight bills had been introduced to wind down Fannie Mae and Freddie Mac while a...

Coaching

Short Sale Package Preparation Short Sale Package preparation is very time consuming and very frustrating as well. And, it is extemely common for a real...

Economic News

Former Countrywide borrowers finally getting paid Over three years ago, it was found that Countrywide Financial overcharged more than 450,000 borrowers, all of whom...

How to

Unhappy campers working short sales Agents, home sellers, and homebuyers continually complain about their short sale transactions. It’s no surprise to me when I...

Housing News

Current state of foreclosures In the last year, foreclosures have dropped nearly 30% with pundits singing the industry’s praises and news anchors claiming real...

Housing News

In a contentious era, the Obama administration has taken a stand against big banks, but will it make a difference, or will it fall...

Coaching

Short Sale Incentive Programs Okay, for those of you naysayers who avoid short sales like the Plague, I think it is possible that now...

How to

I heard on some radio advertisement that a camel can spit with extreme accuracy to a distance of 35 meters. 35 meters! That’s really...

Economic News

Banks and lenders with new requirements It has been a dramatic year in the lending industry with changing requirements[1], news that half of the...

Coaching

Dealing with the Second Lien Holder At my speaking engagement last week in San Marcos, California, one of the Realtors® asked me to share...

Economic News

Mortgage layoffs in America Last week, Wells Fargo laid off, which Wells Fargo claims is less than one percent of their workforce and was...

Housing News

A long, hard battle Homeowners have been wronged. Banks have foreclosed on the wrong homes, accelerated foreclosures, and left people homeless without so much...

Coaching

Home Affordable Foreclosure Alternatives I wrote a post a few weeks back that touched on pre-approved short sales. In it, I discussed the HAFA...

Business Marketing

Bad news for real estate? Forbes asked nearly 33,000 consumers to rate their perceptions of America’s largest 150 companies to determine which companies ranked...

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