Saturday, February 11, 2012

Real Estate Software Is A Critical Tool When Investing In Real Estate

February 5, 2011 by  
Filed under Real Estate

Surprisingly, more millionaires have made their fortunes in real estate than any other industry. This proclamation is true, but it does not explain the overpowering number of people who have lost money in real estate. Those people that succeeded in real estate knew to treat their investments like a business. Because investing in real estate is essentially a business, getting the appropriate software to succeed is gravely needed.

NACA's Mortgage Convention Helps Los Angeles Homeowners Avoid …

January 16, 2011 by  
Filed under Finance

In the wake of the current mortgage crisis, the Neighborhood Assistance Corporation of America is helping thousands of Americans find some relief. The nation’s leading non-profit organization begins their Save-the-Dream Tour next week …

Gretchen Morgenson: Court Case Exposes 'Bag Of Mortgage Tricks'

December 18, 2010 by  
Filed under Finance

Last week, a jury in federal district court in Reno, Nev., awarded a group of 50 mortgage investors $5.1 million in punitive damages against defendants in a loan servicing case. Although the numbers in the case aren’t large, …

2500 Homeowners Put In Foreclosure While Awaiting Mortgage …

December 15, 2010 by  
Filed under Finance

Banks have started foreclosures on more than 2500 homeowners still in the process of applying for mortgage modifications, according to a new survey of 96 consumer attorneys.

Judicial Prejudice In Arizona

November 5, 2010 by  
Filed under Business

Unknown to the American Public, the 1st Amendment of the U.S. Constitution, (freedom of speech), along with other rights, were violated by Judge Karen Potts of Arizona, causing financial damage to homeowners throughout the US. A former supporter of Habitat for Humanity and other organizations for fair treatment of defendants, Potts operated outside her judicial authority by supporting mortgage fraud, and aided and abetted in grand theft of the American dream.

Mortgage Linkfest | The Big Picture

October 27, 2010 by  
Filed under Finance

Yet another of our brutal mortgage linkfests: Investors are beginning to sue, there are protest over HAMP, and foreclosure probes are happening.

What caused the foreclosure crisis? : : Mortgage broker

October 24, 2010 by  
Filed under Finance

Perhaps because so many people simply do not want to pay their mortgage ? No

Mortgage Damage Spreads: Big Bank Stocks Hit Again As Modern …

October 16, 2010 by  
Filed under Finance

The unfolding foreclosure-processing debacle is causing bank stocks to slide and putting millions of delinquent borrowers in limbo. But how disruptive the crisis ultimately becomes–for homeowners, the housing market and the broader …

Man without Mortgage Loses Home in Foreclosure | The Big Picture

September 23, 2010 by  
Filed under Finance

From today’s WTF file, the Florida Mortgage Mill Machinery, hard at work: When Jason Grodensky bought his modest Fort Lauderdale home last December, he paid.

Dealing With The Deed-in-Lieu Of

September 6, 2010 by  
Filed under Real Estate

Recently, Bank of America sent out nearly 100,000 solicitations to distressed homeowners offering them a chance at a deed-in-lieu transaction. “Deed-in-lieu” refers to giving the deed to your home to a lender in order to circumvent the foreclosure process. You get to walk away from your home, and the lender declares the debt resolved because you returned the home, your collateral. Many lenders have announced that they will offer a variety of incentives for this type of transaction because it saves them a great deal of time and money in processing costs even though they may take a hit when they try to resell the home in today’s market.

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