Duane's World of Real Estate

Entries Tagged as 'Home Affordable Modification Program'

LOAN MODIFICATION PROGRAM ISN’T ON TRACK YET

January 24th, 2010 · No Comments

It would be unfair to say that the Obama administration hasn’t been trying to restore the health of the housing market.  Unfortunately, it would be inaccurate to say that its programs are having much success.  The loan modification program is a worrisome case in point.

On February 18, 2009 the Treasury Department announced the Homeowner Affordability […]

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Tags: Mortgage Servicing · Freddie Mac · Loan Modifications · Distressed Homeowners · Home Affordable Modification Program · Mortgage Loan Originators · Fannie Mae · Mortgage Funding · Mortgage Lending · Bob Hunt · Lending · Loan Processing · Mortgage Application · Foreclosures

STANDARDIZED SHORT SALE PROCESS WILL BENEFIT ALL PARTIES

December 20th, 2009 · 1 Comment

Two years ago the National Association of Realtors® formed a task force to address the vexing issue of short sales.  A multitude of members had complained of lengthy and often incomprehensible processes that – although they varied in detail from lender to lender – all seemed to share the characteristics of being inefficient and irrational.  […]

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Tags: HAFA · Home Affordable Modification Program · HAMP · Junior Liens · National Association of Realtors · Freddie Mac · Bob Hunt · NAR · Fannie Mae · Short Sales

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