http://www.youtube.com/watch?v=MSOhpN8ExkU We are still dealing with a very unhealthy real estate market in the Los Angeles region. The buyers are out in full force. You can see in this chart the quantity of residential escrows closed is way up year over year, but the active inventory for sale is ... » Learn More about San Fernando Valley (Los Angeles, Ca) Real Estate Market Update August 30, 2012
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Loan Modifications Can Hurt Borrower
http://www.youtube.com/watch?v=BNV9Pe8vIVY Mortgage modifications being given out right now are hurting people in ways they wouldn't have expected. There are several different ways the lenders are approving the loan mods. Some lenders are forcing borrowers to quit making payments for a few months ... » Learn More about Loan Modifications Can Hurt Borrower
Senate Panel Backs Extension of Mortgage Debt Relief Law
Senate panel backs extension of mortgage debt relief law The law spares homeowners who receive principal reductions on their mortgages from being hit with hefty federal income taxes on the amounts forgiven. August 12, 2012 WASHINGTON — Here’s some encouraging news for financially stressed ... » Learn More about Senate Panel Backs Extension of Mortgage Debt Relief Law
CFPB Proposes New Rules To Help & Protect Mortgage Borrowers
The Consumer Financial Protection Bureau is proposing the following federal rules to be levied on the servicing divisions of lenders, to help struggling borrowers. A lot of this is commonsense, and being conducted by many loan servicers... but unfortunately some are not. Here's an overview of the ... » Learn More about CFPB Proposes New Rules To Help & Protect Mortgage Borrowers