Here’s a recap of some of the interesting stuff that went on this past week in the distressed property arena:
HAMP Modifications Down 33% from Last Year This article provides information on the decline in HAMP loan modifications. What does it mean? Are we winding down in the distressed property arena or are the banks just not that efficient? Read more to find out.
Are We Really at the Bottom? We’ve seen some big changes in the market lately? Is the bottom behind us and will this bottom actually stick? Read more in this dsnews.com article.
How to Command the Short Sale Lender’s Attention While it is feasible for Lady Gaga to wear a meat dress to her job to command attention, a short sale takes much more specific finesse in order to get a deal done. Here are some ways to do just that.
There’s lots going on in the distressed property arena. And, if you are actively working with ‘distressed’ borrowers, it’s important to keep up with all of the changes in the industry. Sometimes that’s hard, which is why we’ve provided you with a weekly recap right here. Happy Mother's Day to all mothers and mother figures who have helped to teach our kids to be the best that they can be.
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