Short Sales Standarized Plan (Seattle Times)

Standardized short-sale plan may relieve big headache By Kenneth R. Harney Syndicated columnist WASHINGTON — If you’re in trouble on your mortgage and can’t get a loan modification, check out the Obama administration’s new standardized short-sale plan scheduled to roll out during the coming months. The program, outlined Dec. 1 by the Treasury Department, is… Read More

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • Yahoo! Buzz
  • Twitter
  • Technorati
  • Live
  • LinkedIn
  • MySpace

Obama’s mortgage plan response (Seattle Times)

Lawmakers impatient with Obama mortgage plan Only one in three homeowners who have signed up for the Obama administration’s mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government’s effort to stem the foreclosure crisis. By ALAN ZIBEL AP Real Estate Writer WASHINGTON — Only one in three homeowners who… Read More

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • Yahoo! Buzz
  • Twitter
  • Technorati
  • Live
  • LinkedIn
  • MySpace

US Treasury Stepping in on slow moving banks (Reuters)

US Treasury sets guidance on housing short sales Mon Nov 30, 2009 4:15pm EST More Business & Investing News… NEW YORK, Nov 30 (Reuters) – The U.S. Treasury on Monday set guidance on a plan for mortgage companies to use “short sales” and other loan modification alternatives to stem a rising tide of foreclosures. The… Read More

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
  • Yahoo! Buzz
  • Twitter
  • Technorati
  • Live
  • LinkedIn
  • MySpace