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Senators Urge Government to Create an REO Rental Program Quickly

By Mike Linkenauger

Services for Real Estate Pros

November 03, 2011 03:06 AM

Senators Urge Government to Create an REO Rental Program Quickly

Thirty-three senators submitted a letter Thursday encouraging the Obama
administration and the Federal Housing Finance Agency (FHFA) to w...

Started by Mike Linkenauger

0

yesterday

Did I just blow this short sale?

It's with B of A.
I'm wondering if I just killed this short sale by not completing a task?
What happen is that I got the short sale appro...

Started by Scott Lee

0

13 hours ago

Buy A Home - Get A US Visa! Good Idea?

Attention Canadian snowbirds, well-heeled Brazilians and boom-era Chinese nationals looking
for a little piece of that increasingly
elusive...

Started by Mike Linkenauger

0

yesterday

Minimum commission questions with short sales - BofA

I am considering whether to take on a BofA short
sale, property will only sell for $20,000 or so, I know there was some
news recently about banks not being able to cut commissions on short
sales anymore, but not sure if that went beyond FNMA and Freddie Mac..
What I need to know is if I can charge a flat fee in a BofA short
sale! Even if they allow 6% its simply not worth it!

Added by Linas K Muliolis

OCWEN violating HAFA guidelines?

Started by Jennie Blackburn, Realtor, CDPE,.
HAFA deal, Ocwen told us they would not
issue an approval letter until we took the borrower's $3,000 off the
HUD. When we protested, Ocwen said it was going to be applied to their
net (HAFA regs...Continue

Sale approaching and the offer I have is too low... Can it still be postponed?

Started by Sonia Shanahan.

Has anyone had luck getting the sale postponed with Chase when they are the investor as well as the servicer
and the only offers I have are too low? This is a HAFA SS with a
November 1st sale date. We have never asked for it to be postponed
before....Continue

Over a year in short sale department

Started by Christopher Ross.
I am baffled by some posts that I have
read stating that they are starting to have some success with the Chase
short sale process. I have had an open file with chase for over a year,
and have been unable to get an approval. My negotiator has...Continue