Tag Archives: Short Sale Specialist

Bank of America Exposed.

Posted on June 17, 2013 by tomo92596

Bank of America has recently been exposed by a former worker. After years of being stalled by Bank of America about lost faxes, and being told the short is being reviewed the truth comes out. Bank of America and other servicers get … Continue reading →

Posted in Bank of America Short Sales, Foreclosure, Loan Modifications | Tagged , , , , , , , , , | Leave a comment

Fitch: High Rate of Unsuccessful Mods Threatens Asset Quality

Posted on April 8, 2013 by tomo92596

Servicers continue to make strides in home retention efforts, completing more than 360,000 retention actions in the fourth quarter of 2012, according to a report from Office of the Comptroller of the Currency  (OCC). However, Fitch Ratings detects continued “weak … Continue reading →

Posted in Chase Short Sales, Credit Challenges, HAMP, HARP, Loan Modifications, Making Home afforable Program | Tagged , , , , , | Leave a comment

Status of Short Sales?

Posted on March 19, 2013 by tomo92596

Unfortunately short sales are not going to be going away anytime soon. Some of the data that supports this in California. As of today California is tied as the state with the highest unemployment. Until people can afford a mortgage … Continue reading →

Posted in Foreclosure, HAFA Updates, Loan Modifications, Making Home afforable Program, Pre Foreclosure, Short Sale Buy Back, Short Sale Lease back, Short Sales | Tagged , , , , , , , , , , | Leave a comment

Team Olsewski Press Release

Posted on March 7, 2013 by tomo92596

TEMECULA Real Estate Agent THOMAS OLSEWSKI Awarded Short Sale Lease Back Designation

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How To Choose A Short Sale Realtor in Temecula California.

Posted on March 5, 2013 by tomo92596

Have you ever found yourself in a bit of a financial rut? You may understand that you might be headed for foreclosure. If you think you are just about out of choices, a short sale may be in your best … Continue reading →

Posted in Chase Short Sales, Credit Challenges, Fannie Mae, Foreclosure, Freddie Mac, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Pre Foreclosure, Short Sales, Wells Fargo Short Sales | Tagged , , , , , , , , , | Leave a comment

Short Sale – Lease Back Option

Posted on February 18, 2013 by tomo92596

Short Sale Lease Back Program Homeowners facing a foreclosure may now be able to lease back and in some lender approved situations buy back their home after a short sale.  A newly launched program provides another option for homeowners who can’t afford their … Continue reading →

Posted in Chase Short Sales, Citi Mortgage Short Sales, Credit Challenges, Foreclosure, HAFA Short Sales, HAFA Updates, Pre Foreclosure, Short Sale Lease back, Short Sales | Tagged , , , , , , , , | Leave a comment

Good News From Wells Fargo for Short Sale Processing.

Posted on February 14, 2013 by tomo92596

We have received some good news from Wells Fargo with regards to short sale processing. They will be simplfying the qualification process for Temecula and Murrieta Homeowners who need to sell their home via a short sale. Your Voices have … Continue reading →

Posted in Credit Challenges, Pre Foreclosure, Short Sales, Wells Fargo Short Sales | Tagged , , , , , , , , , | Leave a comment

Mortgage debt relief law extended through 2013

Posted on January 2, 2013 by tomo92596

Mortgage Debt Forgiveness extended Late last night, Congress reached a settlement in the “fiscal cliff” negotiations.  As a result, the Mortgage Forgiveness Debt Relief Act has been extended for another year.  The measure will continue to exempt from taxation mortgage … Continue reading →

Posted in Bank of America Short Sales, Chase Short Sales, Citi Mortgage Short Sales, GMAC Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , , | Leave a comment

HOPE NOW: 5.9M Completed Mods Since 2007; Short Sales Increase

Posted on December 20, 2012 by tomo92596

Short sales continued to increase in October, while foreclosure starts fell, according to data from HOPE NOW, an industry alliance of mortgage servicers, investors, mortgage insurers, and nonprofit counselors. Completed short sales reached 38,518 in October, representing a 13 percent … Continue reading →

Posted in HAFA Short Sales, HAFA Updates, Loan Modifications, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , , , , , | Leave a comment

New Guidelines For Fannie Mae & Freddie Mac Released

Posted on December 17, 2012 by tomo92596

Great news for Temecula and Murrieta homeowners that potentially need to do a short sale and have loans backed by Fannie Mae and Freddie Mac! As of November 1, 2012 the Federal Housing Finance Authority initiated new Standard Short Sale … Continue reading →

Posted in Fannie Mae, Freddie Mac, Mortgage Foregiveness Act, Short Sale Buy Back, Short Sale Lease back, Short Sales | Tagged , , , , , , , , , , | Leave a comment