Tag Archives: loan modifications

Mortgage Cram-downs will Cost Hard-Working Americans

It seems that some people in Washington are starting to realize what we in the mortgage business have known for a long time – loan modifications don’t work. Jim Puzzanghera reports in the LA Times this morning that: Federal programs aimed … Continue reading

Posted in Mortgages | Tagged , , , , | Leave a comment

Get Ready for Late Summer Deals on Short Sale Homes

A recent article by Don Lee in the LA Times titled Another wave of foreclosures is poised to strike highlights the wave of foreclosures that is likely to start breaking onshore by late summer.  He cites that the most of … Continue reading

Posted in Los Angeles Short Sales | Tagged , , , , , , | Leave a comment