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Industry News, Events, Happenings and Opinions

By Mike Linkenauger

Services for Real Estate Pros

August 02, 2011 03:23 AM

We are hosting a teleconference Tomorrow for the Short Sale Symposium at Sea.
Cabins are selling out quickly and you have a VERY short window to sign up.
Listen to our interactive teleconference call Wednesday, 8/3 at 11:00AM Eastern.
Lines open at 10:45. Call (605)475-4850 and enter access code 900937#.
Visit www.ShortSaleCruise.com for complete details.

Below are some recent posts from our Blogs and Forums section.

Do YOU have any experience you can share with others on here?

We need your expertise and continued participation!!

Banks are giving money for Short Sales

I just read an interesting article on DSNEWS, the
article explains that major lenders are giving their borrowers
insentives for short sales, and some are trying to streamline the
process.

The article states that Wells Fargo has been giving relocation
assistance up to 20K in Florida for if the borrower chooses to go do
a short sale or deed in lieu. Chase is also offering up to 20K if
the borrower doesn't qualify for a loan modification and up to 30K
in CA. Citi has... Continue

Added by Jose A. Rivas (RDCpro,SFR, CDPE) on July 30, 2011 at 2:11am —

Deadline Extended for HUD's Emergency Homeowners' Loan Program

By: Carrie Bay 07/22/2011

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Added by Chris B Johnson on July 26, 2011 at 5:04pm —
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Is it healthy for Brokers to charge Upfront Fees?

*Email received from staff in the Bureau of Consumer Protection:
The FTC’s stay means that the mars rule does not prohibit real estate
professionals who assist consumers in obtaining short sales from
charging advance fees. However, the mars rule does not preempt state
law. This, in turn, means that if a state law bars such advance fees,
real estate professionals who operate in that state continue to...

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Added by Peter J Kim on July 25, 2011 at 6:59pm —