by | Bank REO, Defaulted Mortgages, Mike's World, Training: Webinars & Teleseminars
The two largest owners of mortgages will not lower the principal on the loans they back – that’s a clear message for all those troubled homeowners. Fannie Mae and Freddie Mac, which are controlled by the federal government, will not lower the principal on the...
by admin | Bank REO, Defaulted Mortgages, Forbearance, Loan Modifications, put in home, Short Sales
Diana Olick's latest column puts "principal writedown" in perspective: "The government is officially giving borrowers back home equity. Yep, somewhere between $35 and $50 billion worth. Of course we've all lost over $5 trillion, but who's counting? Lenders still...
by admin | Defaulted Mortgages, Mike's World, put in home
Profiting with Defaulted Paper - Buy The Note From The Bank Advanced Technique: Buy The Note from The Bank This technique is for advanced user only. Did you know that you can buy the note from the bank at a discount even when the bank will not do a short sale? ...
by admin | Bank REO, Defaulted Mortgages, Forbearance, Loan Modifications
Principal Writedowns on Loan Modifications from Diana Olick Olick points out that the decline in home sales was expected - "home sales were spiked by several shots of government stimulus in the second half of 2009, and as that stimulus starts to wear off, sales...
by | Defaulted Mortgages, Short Sales, Training: Webinars & Teleseminars
Mike Warren Interviews Jeff Kaller & Mr. X on Commercial Short Sales On our weekly training we are going to be teaching about commercial property short sales and how anyone can get in on the ground floor opportunity. We all know commercial property lags behind...
by | Business, Defaulted Mortgages, Forbearance, Internet Marketing, Judgement Liens, Loan Modifications, Real Estate, Training: Webinars & Teleseminars
You asked for it and I ma going to deliver 4 hourse of pure content (no sales) direct from my office to your computer through video streaming. Watch the video below for details. Register --> Http://misuniversity.com/webinar If you have any questions you want...