If you're behind on your mortgage payments and possibly facing foreclosure, or if you owe more than your home is worth, you need to learn about the many options currently available to you.
There are several government funded non-profit organizations waiting to help. We work with them and provide their local contact information when you sign up here.
If you qualify, there are government programs available that will provide you interest free loans to bring your back payments current or pre-foreclosure programs, which will let you live in your current home for free up to 90 days.
We are a nationwide network of highly specialized Realtors licensed in every state with a common goal: to help homeowners solve their difficult mortgage problems. Each of our Realtors is experienced in loss mitigation and short sale transactions so as to better help borrowers work with their lenders.
Each State has different laws and regulations with regard to foreclosures so please check our map for your specific State.
The Latest Financial News
AP: Mortgage rates sink to lowest level on record
June 24, 2010
Short Sales made easier by the lowest mortgage rates in history...
>>View Full Article
TWSJ: Fannie Set to Penalize Defaulters
June 24, 2010
"Fannie Mae said Wednesday it would "lock out" borrowers from getting a new loan for seven years if they default on a mortgage they could afford to pay..."
>>View Full Article
DS News: Loss Severity on Short Sales 13% Lower than REO: Report
06/10/2010
"Over the past year, the mortgage risk analysis firm Clayton Holdings says it has witnessed an overall increase in short sale activity. "
>>View Full Article
Introduction of Fannie Mae's Home Affordable Foreclosure Alternatives Program
June 1, 2010
FNMA & FHLMC announced new guidelines for Short Sales. See full Fannie Mae announcement at
https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2010/svc1007.pdf
>>View Full Article
AP: Mortgage Crisis Creating Drag on Economic Recovery
May 19, 2010
"More than one out of ten homeowners missed one or more payments in the first quarter of 2010, the worst performance on record."
>>View Full Article
Freddie Mac posts huge 1st Quarter Loss.
May 5, 2010
McLean, VA - Freddie Mac (NYSE:FRE) today reported a net loss of $6.7 billion for the quarter ended March 31, 2010, compared to a net loss of $6.5 billion for the quarter ended December 31, 2009...
>>View Full Article
WSJ: Fannie Offers Spur to Avoid Foreclosure
April 26, 2010
"Fannie Mae will make it easier for some struggling homeowners to buy houses in the future if they avoid foreclosure in the present."
>>View Full Article
CRS Presents A New Webinar for April: Short Sales/HAFA Program
April 6, 2010
"Short sales will continue to grow in 2010. The Treasury Department's Home Affordable Foreclosure Alternatives Program (HAFA) is a huge change to the short sale process and you need to understand how these changes impact you and your clients. Join Tim Burrell, CRS, as he goes over these changes."
>>View Full Article
Government, Agents, Lenders, Vendors: One United Force When It Comes to HAFA
April 6, 2010
"HAFA Home Affordable Foreclosure Alternatives program is in effect, and players from every corner of the industry are beginning to work together."
>>View Full Article
Reuters: US Mortgage Delinquencies Reach Almost 14%
March 25, 2010
"Reuters: Home forfeiture actions-foreclosure sales, short sales, and deed-in-lieu-of-foreclosure actions-increased by 8.6 percent from the previous quarter to 163,224. That is up 44.5 percent from a year earlier."
>>View Full Article
|
