Duane's World of Real Estate

Entries Tagged as 'Deed In Lieu of Foreclosure'

SHORT SALE, FORECLOSURE, OR DEED IN LIEU: WHICH IS BEST FOR THE BORROWER?

August 3rd, 2009 · 3 Comments

If only the President’s foreclosure-prevention plan worked as well as “cash for clunkers”.  But it hasn’t.  When the Administration announced the Making Homes Affordable plan in February of 2009, officials said they hoped it would help 4 million distressed homeowners to stay in their homes.  As of this writing (8/2/09), the Administration has acknowledged that […]

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Tags: Under Water · Making Homes Affordable · Loan Modifications · Deed In Lieu of Foreclosure · FICO · Treasury Department · FICO Scores · FNMA · Freddie Mac · Bob Hunt · Short Sales · Lending · Loan Applicants · Fannie Mae · Loan Processing · Foreclosures

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