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TBWS Daily - 3/16/2012
The topics for today center around: HUD changing their guidelines on seller concessions - reducing from 6% to 3% which will make buyers mortgage payments higher; this could impact mortgage defaults.  Banks have only been allowing owners to short sale their homes if they miss payments; this triggers the Strategic Default, putting homeowners in a very negative position; this needs to stop. 
Think Big Work Small
Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
 
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