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short sale: Let's Compare "HUD New Loan Replacement" to Bank's "Short Sale Approaval" - 08/02/08 12:01 PM
FHA changes make housing bill a 'mixed bag'
Congress puts one-year moratorium on risk-based pricing
By Matt Carter, Wednesday, July 30, 2008
*****  ******
To Lenn (ps. She is a person who post a brilliant reply),
I second your saying: "What I can't figure out is who and why is objecting to the … (0 comments)

short sale: A Funny World (23): Mail Your Keys In and No Foreclosure Record Out? - 01/23/08 08:59 PM
01-23-2008 21:00
Three Notes on Housing
1) One part of the story that does not get much play is the demographic story on real estate. (Note graph.) Baby boomers will try to cash out of homes to fund their retirement. Now, that effect will vary by region, because oldsters will want to live … (4 comments)

short sale: A Funny World (16): Why ASK Lender's Mercy? Why Don't You Do Lender a Favor? - 12/23/07 01:12 PM
When Is it a good Idea to Consider a Deed-In-Lieu of Foreclosure
Decisions. Decisions. Decisions. If you are late on your payments and are trying to think of some options as to what you can do to avoid foreclosure, here are some options:
Repayment Plan Reinstatement Forebearance or Loan Modification Agreement … (6 comments)

short sale: A Funny World (15): Bonuses or Bearshit? - 12/22/07 11:19 AM
Bonuses on Wall Street surge 14 percent : 
Four of the biggest U.S. investment banks - Goldman Sachs Group Inc., Morgan Stanley, Lehman Brothers Holdings Inc. and Bear Stearns Cos. - will pay out about $49.6 billion in compensation this year.
Thain won't get a year-end bonus since he took the job on … (0 comments)

short sale: A Funny World (12): Action with Result or Inaction to Nothing? - 12/16/07 12:02 AM
A Funny World (11): Housing Price Down Or NOT?
4 days ago, Warren Buffett attended Hillary's presidential fund-raiser party in San Francisco.  They made some very funny statements that gave me a lot of laugh all day long.  But here I will share you guys just one argument. 
When Warren talked about "US … (1 comments)

short sale: Zero Brian, Zero Solution - 12/04/07 10:04 AM
This is a revised version of my argument in response to an article "Treasury's Subprime Rate Plan is a Great Big Zero"written by David J. Merkel, CFA, FSA, a leading commentator at RealMoney.com.
In David's article, there are two arguments:
1) Paying the mortgage payment is not the problem here; it … (0 comments)

short sale: Can we close a RE deal in hours or shorter? - 11/16/07 08:20 AM
How short you need to close a sale in RE?
I am NOT talking about a short sale.  Everybody talks about it recently as it was so popular in mid-1990.  How short of sales fund you can create in obtaing a loan forgiveness from a lender to a home owner in order to successfully close a short sale?  That's something involve … (3 comments)

 


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