short sale education: Bank of America Broadcast offers Glimpse into Future of Short Sales
- 11/02/11 04:44 AM
When the book is written on how our country emerged from the foreclosure crisis, chances are that Bank of America’s broadcast from the Charfen Institute studio last week will be cited among the turning points. If any of you missed my interview with Bob Hora, Senior Vice President of Mortgage Servicing at Bank of America Home Loans, you can click here to view the broadcast in its entirety. As the nation’s largest loan servicer, Bank of America’s influence cannot be underestimated. And with 35,000 real estate agents having been trained in the Certified Distressed Property Expert (CDPE) curriculum, the influence of … (2 comments)
short sale education: Have You Joined the Historic CDPE Fourth Quarter Launch Campaign to Save Tens of Thousands of Homeowners from Foreclosure?
- 10/13/11 05:43 AM
September 30th, 2011 in CDPE by Alex Charfen For homeowners facing foreclosure, the holiday season doesn’t represent a slowdown; it’s a time of heightened anxiety and uncertainty, and that’s why now is a critical time to reach out to the market every day with a consistent message of hope and a fresh start. The recent spike in foreclosure starts stands to swell the ranks of the 6.3 million homeowners who are already in some phase of the foreclosure process. Far too often, financially strapped homeowners who don’t know where to turn and who to trust end up allowing their home … (0 comments)
short sale education: Are you on your local media’s radar screen?
- 10/13/11 05:20 AM
September 12th, 2011 in CDPE by Alex Charfen Last week, I was contacted by CNBC and asked to comment on a segment concerning the Federal Housing Finance Agency’s reported plan to sue major banks on behalf of Fannie Mae and Freddie Mac, claiming that banks had misrepresented the quality of the bad mortgages it had purchased. t’s a complicated topic and the debate is going to continue, but I was thrilled to add my input to this important issue. About once a week, in fact, I’m contacted by a representative from a national news organization and invited to participate in … (0 comments)
short sale education: Looking to Get Short Sale Leads Directly from Lenders?
- 10/13/11 05:14 AM
September 1st, 2011 in CDPE by Alex Charfen Not a day goes by that we don’t hear from a CDPE member, surprised and delighted by the fact that a short sale listing has seemingly fallen into their lap. Every time this happens, I’m reminded of the old adage: “Luck is what happens when preparation meets opportunity.” As many of you know, major mortgage lenders in this country, including Chase, CitiMortgage and EMC, have recently sharpened their focus on foreclosure avoidance. As a part of that initiative, they are proactively putting mortgage holders who are delinquent on their payments in touch … (1 comments)
short sale education: You are on the front lines of rebuilding lives
- 10/13/11 05:06 AM
August 23rd, 2011 in CDPE by Alex Charfen “All misfortune is but a stepping stone to fortune.” Henry David Thoreau As a CDPE-designated agent, you have a lot to offer your clients. High on that list is perspective. The real estate market over the past few years has given us more perspective than many of us had ever hoped for. While we’ve seen our share of foreclosures, lost fortunes, market upheaval and uncertainty, we’ve also witnessed some amazing resiliency. That’s basically what the Charfen Institute and all of our members are all about – helping our clients out of … (0 comments)
short sale education: CDPE Agents: Does your market know what you have to offer?
- 10/13/11 04:57 AM
August 17th, 2011 in CDPE by Alex Charfen Those of us who are immersed in the big picture of helping homeowners to avoid foreclosure are perplexed, to say the least, by the fact that in the majority of foreclosures, a short sale is not attempted and a real estate agent is never even contacted. Is this due to a lack of awareness of options? Misinformation? Denial? Distrust? For you, as a CDPE agent who has earned the most important designation in the history of real estate, it’s never been more important to make sure your market knows who you are, … (0 comments)
When the book is written on how our country emerged from the foreclosure crisis, chances are that Bank of America’s broadcast from the Charfen Institute studio last week will be cited among the turning points. If any of you missed my interview with Bob Hora, Senior Vice President of Mortgage Servicing at Bank of America Home Loans, you can click here to view the broadcast in its entirety.
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