preforeclosure short sale: The Perfect Storm - Get ready to short sale! - 02/09/07 09:35 PM
There looms a perfect storm on the horizon, a storm that will highlight the need for realty professionals to fully understand the construct of successful preforeclosure short sale transactions.
scheduled expoding ARM resets (subprime 80/20s, ARMs, interest only, etc.)the increase in minimum monthly credit card payments, and not so coincidentally,                               changes in … (20 comments)

preforeclosure short sale: mortgage origination fraud case in Anywhere, USA - 02/08/07 12:52 PM
Here's an example of a origination fraud scheme I've uncovered in Florida last month involving a mortgage broker, real estate broker, and an appraisal trainee. This type of fraud happens everyday, but is not always reported upon.  The property is in Florida, but it could just as well be Anywhere, USA.  … (21 comments)

 
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David Petrovich

Oakhurst, NJ

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S.P.O.C.H. a 501c3 Charitable NP

Address: P.O. Box 142, call for FedEx delivery location, Oakhurst, NJ, 07755

Office Phone: (732) 571-9464

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All things foreclosure: subprime & predatory lending updates, mortgage origination fraud, loan servicing errors, loss mitigation, preforeclosure sale and preforeclosure short sale transaction construct, etc.


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