ARCHIVED BLOG POSTS
Here we are out 50 days from the May 1 - kick off the the HVCC (the Home Value Code of Conduct) required on all loans headed to Freddie Mac or Fannie Mae. It is the "code" that prohibits loan people from engaging the appraiser. It was designed to stop the pressure loan originators sometimes put...
On 6/4/2009 I ran the foreclosure stats for Moreno Valley California and listing info. Finding 2038 homes with Notices of Default (NODs), 1480 homes set for the foreclosure auction (NOTs); and 2642 lender owned homes (REOs) - for a total of 6160. The total number have been steady for a few week...