HAMP remains incapable of filling the imminent default gap The Loan Modifications are not Working as Planned. Read More… Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION Tweet This Post

The nation’s largest mortgage company is about to start cracking down on servicers for letting delinquent loans languish too long without action. Fannie Mae issued a notice this week alerting servicers that it is monitoring all delinquent loans in its portfolio and mortgage-backed securities (MBS) pools to ensure foreclosures are handled within an acceptable time [...]

Listen to what the experts from CNBC and Zillow.com have to say about when you should buy Real Estate Posted via email from WESTCHESTER COUNTY DISTRESSED PROPERTY INFORMATION Tweet This Post

Analysts predict more declines in housing demand   Miami, FL-“The recent bond rally is good news for the secondary market, but it may be an unsustainable trend, as analysts predict more declines in the housing industry, potentially sapping mortgage-backed bonds.“ Explains Jacob Gafney from housingwire.com. The feeling among realtors, economists, and the public in general [...]

Well its here. Just as I thought, the Obama administration is thinking that the home buyer tax credit should be extended. It does not talk about prices. It’s a HOME BUYER TAX CREDIT and possibly to Investors. The Obama administration plans to set up an emergency loan program for the unemployed and a government mortgage [...]

7 Tips for Improving Your Credit Here’s how to clean up your credit so you get the least-expensive home loan possible. Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you can do just [...]