Real estate blog entries tagged with springfield mo short sales by Lina Robertson Jones, REALTOR® Springfield MO Area Homes for Sale (Ozark, Nixa, Republic & Willard Real Estate)

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Home : Blogs : Lina Robertson Jones, REALTOR® Springfield MO Area Homes for Sale : Springfield MO Real Estate and Homes For Sale : Tag "springfield mo short sales"

springfield mo short sales: Breaking News: Bank of America Announces It Is Refunding The US Government $45 Billion in TARP Funds - 12/02/09 06:22 PM

Bank of America has just released a press releasing stating it is going to refund the U.S. Government $45 Billion in TARP funds, plus interest.
Under the terms of the TARP agreement, Bank of America is repurchasing the 600,000 share of preferred stock it issued to the U.S. Treasury. It plans to repay the $45 Billion using $26.2 Billion in excess liquidity, as well as $18.8 Billion in proceeds from the sale of "common equivalent securities" it plans to convert into common stocks. It also plans to increase liquidity by $4 Billion through "asset sales" by June 30, 2010.
Could … (12 comments)

springfield mo short sales: More on Short Sales - 09/07/09 01:12 PM

Via Sandy Wagner, CDPE (RE/MAX Professionals):
Dave Liniger, Co-Founder and CEO of RE/MAX International says....

I was delighted to hear about the Treasury Department's new guidelines regarding Short Sales. RE/MAX has been working hard to spread the word about the benefits of Short Sales. I don't think it is a coincidence that two days before the Treasury announcement we briefed FHFA personnel in Washington who were working with Secretary Geithner on this issue.
Finally, there may be some movement on a process that could best be described as "challenging." Many real estate agents refuse to work on Short Sales because … (0 comments)

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Lina Robertson Jones, REALTOR® Springfield MO Area Homes for Sale

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