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Mather Short Sales: Bank of America Still Has Huge Problems - 02/14/12 09:14 AM
Mather CA – In 2010, an agent I know talked to the person at Bank of America in charge of the Loss Mitigation Department. He was the top manager in the department that handles short sales, loan modifications, and foreclosures. He contacted this agent because agents were banding together to educate the public on the mistakes he thought that Bank of America was making. Today, almost 2 years later, Bank of America is starting to make a few, small changes to the short sale process. This agent recommended small changes to how Bank of America handled the short sale process. He
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Folsom-El Dorado Hills Short Sales: Why The Lack of Accountability Has Hurt The Housing Market & US Economy - 02/13/12 09:42 AM
Folsom-El Dorado Hills CA – The National Consumer Law Center wrote a White Paper on how banks handle loan modifications, short sales and foreclosures. They titles their White Paper "Why Servicers Foreclose When They Should Modify and Other Puzzles of Servicer Behavior." Check out the White Paper at this link: http://www.nclc.org/images/pdf/pr-reports/report-servicers-modify.pdf. The "servicer" they are referring to is a bank that is handling a mortgage for another entity. As an example, around 80% of all of Bank of America's mortgages are not owned by Bank of America. Instead, they are owned by another entity like Fannie Mae or a hedge fund.
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4001 Wimbledon Dr, Diamond Springs, CA 95619 - 02/12/12 11:54 AM
GREAT FIND IN DIAMOND SPRINGS 1338 SQFT 3-4 BEDS 2 1/2 BATHS..LARGE LOT..HARD WOOD/TILE FLOORS VERY CLEAN HOME...CLOSE TO SHOPPING.. GREAT HOME FOR FIRST TIME HOME BUYER OR INVESTOR. Beds: 3-4* Baths: 3 (2 1) (FH) Sq Ft: 1338* Lot Sz: 0.097ac* Yr: 2004* Listing #12010003 $150,000 (LP) Click Here To View More Pictures Thanks for reading this, John J Hayes. John J is a Real Estate Agent at RE/MAX Gold. Phone: 530-306-3316. 3hayes@sbcglobal.net. "Hard Work and Dedication" View My homes for sale at www.johnhayesrealestate.com/home-search. John Hayes specializes in loan modification assistance and short sales in El Dorado Hills California. El
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109 Honey Cook Cir, Folsom, CA 95630 - 02/02/12 12:53 PM
109 Honey Cook Cir, Folsom, CA 95630 Stunning Home In Folsom! This 2473 Sqft Home..5 BD 3 Bath..Large 0.180ac Lot With Pool/Water Fall. Open Floor Plan With Fire Place..Large Side Yards..Heated Pool..2 Car Garage..Close To Shopping And Freeway. Beds: 5* Baths: 3 (3 0) (FH)* Sq Ft: 2473* Lot Sz: 0.180ac* Yr: 1994* Click Here To View More Pictures Thanks for reading this, John J Hayes. John J is a Real Estate Agent at RE/MAX Gold. Phone: 530-306-3316. 3hayes@sbcglobal.net. "Hard Work and Dedication" View My homes for sale at www.johnhayesrealestate.com/home-search. John Hayes specializes in loan modification assistance and short sales in
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Why Bank Of America Is Offering A New Short Sale Program In Folsom-El Dorado Hills - 02/01/12 11:01 AM
Why Bank Of America Is Offering A New Short Sale Program In Folsom-El Dorado Hills Folsom-El Dorado Hills CA – A cooperative short sale may be a good option depending on your situation. But, you need to remember that Banks are not in the business of making life easier for its customers, much less anyone trying a short sale. Banks are in business to turn a profit. The main reason Bank of America has initiated the Cooperative Short Sale is to increase the bank's bottom line profit. They increase their profit whenever they cut losses on loans that are in default.
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John Hayes: Folsom,El Dorado Hills,Sacramento,
Folsom,
CA
More about me
RE/MAX Gold Folsom
Address: 2340 E. Bidwell Street, Folsom, Ca, 95630
Office Phone: (530) 306-3316
Cell Phone: (530) 306-3316
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