Bankruptcy and Real Estate Transctions
Short sellers have increasingly resorted to bankruptcy to extend their stay in the property when a foreclosure (or even a closing date) is looming. It used to be that once a borrower in default filed for bankruptcy protection, the lienholder would quickly obtain permission from the bankruptcy court to continue the foreclosure process. Those days are long gone. Read More
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Fannie Mae to Retroactively Charge Mortgage Servicers for Foreclosure Delays
Fannie Mae will retroactively charge mortgage servicers for failing to process severely aged loans. Read More
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Conforming Loan Limits At Stake
More than 30,000 California families will face higher down payments, higher mortgage rates, and stricter loan qualification requirements if conforming loan limits on mortgages backed . . . Read More
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Cost vs. Value: Help Clients Stretch Their Remodeling Dollar
Creating a memorable first impression with home improvements pays off, according to Remodeling magazine's 2010-11 Cost vs. Value Report. And most of the top projects don't require a major investment. Read More
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