this was recently posted by DNSNEWS. Foreclosure floodgates may soon give way as the nation's leading mortgage lenders lift their recent foreclosure suspensions and move those borrowers that are ineligible for federal programs on through the property repossession process. According to a Wall Street Journal report on Wednesday, J.P. Morgan Chase, Wells Fargo, Fannie Mae, and Freddie Mac all say they have increased foreclosure activity over the past few weeks. The companies have recently rescinded temporary foreclosure moratoriums that were instituted at the urging of lawmakers and regulators to allow time for the Obama … (4 comments)
lending: TRANSACTIONAL FUNDING for Short Sales and REO@ 2%
- 03/31/09 08:49 AM
TRANSACTIONAL FUNDING @ 2% This is the new phenomena in Flipping Real Estate Tranactions. Its called Transactional funding. The process is simple. Investors are locating good deals, locking the deals up with contracts and then actualy buying with this funding and selling to an end buyer at prices below fair market value in a double closing. To learn more about this program go to www.wefinancedeals.com "No Cash / No Credit Needed!" Funding for Short Sales and REO’s Nationwide Use our investor funds to buy homes from banks or Short Sales and then flip them to end buyers. This is not a … (1 comments)
SHORT SALES OR FORECLOSURES WILL INCREASE
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