loan modification: Beware of Loan Modification Scams - 10/29/09 02:47 PM
Once again another scam seems to have come out of this housing crisis which seems to be in recovery mode. Recently Senate Bill 94 was introduced to keep any and all companies doing loan modifications from charging an advance fee. My understanding of the bill is that companies can not charge … (1 comments)

loan modification: DRE Where Are You? - 05/11/09 05:32 PM
The loan modification business must be the only booming industry right now. Unfortunately it's out of control. I believe in the concept of banks working with borrowers to help them stay in their home but these hard times have opened the floodgates to many vultures.
These people are generally the same … (0 comments)

loan modification: How the Mighty Have Fallen! - 01/21/09 02:46 PM
I am watching the news and the banks are dominating the headlines. The banks keep losing money and keep asking the government for more of our tax dollars. They continue to make bad decisions and we continue to pay for it. I am not sure when society made it more acceptable … (0 comments)

loan modification: Housing Rescue Bill - 07/23/08 05:33 PM
Here comes the Federal government to the rescue with the new housing rescue bill.

We all know by now that the housing market had a nice run.  Unfortunately everyone was blinded by the amount of money that was being made that the industry did a terrible job of policing itself.  … (4 comments)

loan modification: Lenders are Starting to Understand - 07/03/08 10:50 PM
In the beginning lenders were reluctant to approve a short sale. Once it was very obvious that values were trending down they started to negotiate but still take long to approve short sales. This is probably because they are overwhelmed with so many files. In my opinion the mortgage debt relief … (1 comments)

 
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Mario Villagran, MBA, Realtor

Burbank, CA

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