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Rockwall Texas the City

by on January 13, 2012

If you are planning on moving states and you’re still unsure as to where to settle, it be worth some research time looking into Rockwall Texas. Rockwall the community has been consistently rated as one of the best places to live in Texas and the United States. With a strong local economy, and its close proximity to several major highways such as the I.H 30 for quick access into downtown Dallas its no wonder why many persons are choosing Rockwall Texas as a prime settlement destination.

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Assessing the Strength of the Residential Mortgage Market

by on December 2, 2011

The residential mortgage market has been reeling lately, suffering blow after blow over the past five years as a product of one of the largest real estate bubbles in American history popping dramatically in 2006-2007. Now, as 2012 approaches, many players in the real estate industry are gauging the strength of the residential mortgage market [...]

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Bank of America Listens to Debit Card Fees Outcry, but Ignores Foreclosures

by on November 10, 2011

It is undeniable that social media has made it much easier for people to bind together toward a common cause. Occupy Wall Street protestors have utilized social media to gather people in various cities across the country, many of which are protesting foreclosures and occupying abandoned buildings. Recently, Bank of America (which has been a [...]

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Bank of America USDA Rural Home Loan Approvals: Has BofA Quit Funding USDA Loans?

by on October 18, 2011

I have been getting calls from local real estate agents and prospective home buyers in Riverside County of California asking me if Bank of America is still approving USDA Rural Development home loans.  For weeks I kept saying yes, I think so…..why wouldn’t they? Why would Bank of America discontinue offering USDA home loans in [...]

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Will HAFA Supplemental Directive 09-09 eliminate short sale investor flips / quickturns

by on January 2, 2010

I recently posted on this blog the following article Short Sale Heaven Coming April 5th 2010 . Out of it came several interesting comments including a post from an gentleman who sharply disputed my comments  let me know that I’d “been schooled.”  I delayed replying because I thought further discussion of the subject of the [...]

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Short Sale Heaven Coming April 5th 2010

Short Sale Heaven Coming April 5th 2010

by on December 9, 2009

I noticed an article through Reuters reporting, Treasury sets guidance to simplify “short sales”. The HAMP website released “Supplemental Directive 09-09” which is the new guidelines for servicers doing short sales (HAFA details here – HAFA means Home Affordable Foreclosure Alternatives). Short sale agents and distressed home sellers have been waiting for these guidelines with [...]

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