Mortgage broker pans for gold on ‘Shark Tank’…literally

Mortgage broker pans for gold on ‘Shark Tank’…literally

BofA completes more short sales than REO for last 18 months If you’re looking to settle your mortgage debt and prevent foreclosure, a cooperative short sale may be right for you.. The total amount will be no more than $3,000, if you qualify.. the sale of the property must close by the closing date in the short sale agreement. bank of America.There are currently 346 red-hot tax lien listings in El Paso, TX. These tax foreclosed homes are available for pennies on the dollar – as much as 75 percent off full market price (and more)! Enjoy the pride of homeownership for less than it costs to rent before it’s too late.S&P/Case-Shiller home price index shows 0.7% drop in September In the long-term, the United States S&P Case-Shiller Home Price Index is projected to trend around 230.00 Index Points in 2020, according to our econometric models. Historical ForecastThis helps eliminate the number one challenge in the industry – lack of inventory.. "Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory.". We are in a strong housing market, not a housing bubble.Mortgage industry fights to keep 3.5% down payments In what is looking a lot like a jab at the FHA, Bank of America is set to launch a 3% down payment mortgage nationwide with the help of Freddie Mac and nonprofit Self-Help Ventures Fund. The new loan program, known as the "Affordable Loan Solution," aims to help underserved borrowers obtain homes with very little down.

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