Making sense of the Financial Regulations Bill for Buyers

Filed under: Current Events, Current Mortgage Rates, Finance, Making Home Affordable, Mortgage, Mortgage Rates, Real Estate Market, Tax Issues, VRN | No Comments »

Seller financing offers advantages to both sellers and buyers.  Sellers have an opportunity to widen the pool of potential buyers, and buyers have an opportunity for homeownership even if they are unable to obtain a mortgage through conventional channels…

Filed under: Buying, Commentary, Current Events, Making Home Affordable, VRN | No Comments »

Earlier this week the Home Affordable Modification Program (HAMP) received yet another black mark on its increasingly-poor record. Reports now say that more borrowers have dropped out of HAMP than have graduated to “permanent” successful loan mods. According to our friend Alan Zibel at the Associated Press (AP), 155,000 borrowers dropped out of HAMP in [...]

Filed under: Loan modification, Making Home Affordable, News, VRN | Comments Off