this was recently posted by DNSNEWS. Foreclosure floodgates may soon give way as the nation's leading mortgage lenders lift their recent foreclosure suspensions and move those borrowers that are ineligible for federal programs on through the property repossession process. According to a Wall Street Journal report on Wednesday, J.P. Morgan Chase, Wells Fargo, Fannie Mae, and Freddie Mac all say they have increased foreclosure activity over the past few weeks. The companies have recently rescinded temporary foreclosure moratoriums that were instituted at the urging of lawmakers and regulators to allow time for the Obama … (4 comments)
fha: Flipping Short Sales with a Revolutionary methodology
- 04/07/09 10:40 AM
Flipping Short Sales with a Revolutionary methodology Watch our LIVE Webcast every Monday, Tuesday & Wednesday evenings at 8 pm EST, 7pm Ct, 6pm MT, 5pm PT. Learn directly from our founder how you can take advantage of the current market. You can also ask him your important questions. TO FIND OUT MORE AND TO TAKE PART IN OUR WEBCAST, simply log on to http://www.wefinancedeals.com HERE ARE SOME OF THE PROGRAMS WE CURRENTLY OFFER… Asset Finders Program – Locate local and regional banks and use our investor to buy their non-performing assets – make $25,000 on a small $5M portfolio Bulk … (1 comments)
fha: FHA SECURE IS GOOD NEWS FOR HOMEOWNERS THAT ARE BEHIND ON THE MORTGAGE??
- 07/07/08 12:55 PM
fha.com: FHA Secure Refinancing The Federal Housing Administration (FHA) was established in 1934 to offer mortgage insurance on loans through FHA-approved lenders. The FHA insures mortgages on single and multi-family homes, and other approved purchases such as manufactured homes. The FHA does not issue the loans themselves, but FHA mortgage insurance is quite attractive for a prospective lender because FHA mortgage insurance protects the lender's investment. Should a homeowner default on the mortgage or go into foreclosure, the FHA pays the lender.Loans insured by the FHA feature low down payments, and costs for FHA mortgage insurance are built into the mortgage … (1 comments)
SHORT SALES OR FORECLOSURES WILL INCREASE
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