New Steps to Help Homeowners Avoid Foreclosure
Today, President Bush Announced Steps At The Federal Level To Help Homeowners In Need Of Assistance Avoid Foreclosure. These steps will help homeowners having difficulty paying their mortgages and ensure that the problems now disrupting the housing industry do not happen again. The fundamentals of America's economy are strong – economic growth is healthy, wages are rising, and unemployment is low. The markets are in a period of transition as participants are re-assessing and re-pricing risk. One area that has shown particular strain is the mortgage market, particularly the subprime sector.
The President Announced The Following Steps To Help... continue reading >>
Merry Christmas to ALL!
Real Estate Professionals
Real Estate Professionals as a Whole need to critic what they do and how to tailor there business to the Growing Latino Population.
For example I am working with a Real Estate Investor Landlord in his situation.
His name Jose he bought FOUR investing Properties and called me to help him that the Banked called him and told him that if he does not Refinance by Dec. i the Bank "Countrywide" will take the house. I informed Jose the bank can not foreclose unless your late.Jose is current on all loans. What happen Jose put 10% on each property... continue reading >>
FBI Mortgage Fraud Notice
For Immediate Release
March 8, 2007
FBI National Press Office
Washington, D.C. – Today the FBI and the Mortgage Bankers Association (MBA) entered into an agreement to combat Mortgage Fraud. The FBI and the MBA will make available a Mortgage Fraud Warning Notice as a proactive means of educating consumers and mortgage-lending professionals of the penalties and consequences of this criminal activity.
“Mortgage Fraud is clearly becoming a problem that requires the unified efforts of law enforcement, regulators, and industry,” said Karen... continue reading >>
Testimony of a Homeowner
Preview:This is a testimony of a homeowner losing there home and Company!!
October 24, 2007
To Whom It May Concern:
Back in January of this year, I had the pleasure and great fortune, as it would turn out, of meeting Maria Concepcion. She was wonderful, outgoing person that was attending the same seminar that I was. At the time, I was going through a financial problem which involved a property that I owned (and thanks to Maria, still do) in Westbrook, CT.
Business was way off, and we were well on our way to losing our business,... continue reading >>