avoid foreclosure san jose ca
According to Freddie Mac quarterly reports, Freddie Mac’s total losses were reported $84.4 Billion Dollars. The losses forced a directive from Freddie Mac’s conservator, the Federal Housing Finance Agency to de-list Freddie Mac’s and Fannie Mae’s common stock from the New York Stock Exchange. Ed Haldeman, Freddie Mac’s CEO...
Almaden Valley Townhome – Short Sale Sold $525,000 1108 Trevino Terrace, San Jose, CA 95120 Submitted Short Sale Package to SunTrust on December 19, 2009 Two Loans – 1st with SunTrust; 2nd with Wells Fargo – SunTrust Servicer Purchase Offer $460,000 SunTrust valuation came in at $580,000 Listing Agent...
Fannie Mae wants borrowers to act in Good Faith in working out an alternative solution with the servicer. Simply walking away (“Strategic Default”) may subject a borrower to legal action to recoup the outstanding mortgage debt. This means, strategic defaulters may walk away from the property however under Fannie...
How does anyone lose a home? Aren’t they kinda big to lose? Afterall, a house is not like a set of keys … something a homeowner can misplace – right? While sitting at clients’ dining room table the other day their very upset 5 year old daughter interrupted her...