Articles by Randy Scott
- Is the Home Mortgage Market Stabilizing? Experts are Equivocal
Foreclosures and short sales are driving home prices down, but various areas in Southern California have seen recent stabilization. Actual numbers of buys have increased. Published 29Nov2009, viewed 166 times
- Forebearance to Prevent Foreclosure and Short Sale
The FDIC, in a bid to prevent foreclosures and short sales, encourages lenders to allow mortgage borrowers extra time. Published 29Oct2009, viewed 423 times
- Short Sale Closing Incentive
The Federal Government is planning to announce news plans to increase and broaden mortgage relief measures in the upcoming days. The new efforts will likely include short sale incentives. Published 24Oct2009, viewed 211 times
- Bouncing Back from Foreclosure or Short Sale
If you have recently lost possession of your house to a painful foreclosure or short sale, there's a chance you may be able to afford a new home within the next two years Published 24Oct2009, viewed 293 times
- California Loss Mitigation Departments: Varying Levels of Cooperation
All over the state, banks and lending institutions are growing their loss mitigation departments in order to process more short sale transactions and facilitate loan modifications and reamortizations Published 14Oct2009, viewed 322 times
- Short Sale Buying and Selling
Some tips for sellers of real estate short sale homes on how to make buyers bite and avoid the dangers of foreclosure. Published 17Oct2009, viewed 197 times
- Efforts to Mitigate Loss and the Mortgage Crisis
In the wake of the mortgage crisis, banks (Especially Bank of America) work on loss mitigation and short sale speed. Published 08Oct2009, viewed 403 times
- Short Sale Tax Considerations
Just as with a foreclosure, short sales have variable possible tax considerations that you have to take into account when doing your finances Published 29Sep2009, viewed 489 times
- Mortgage and Loss Mitigation Information
The plan will likely c home loan modifications, and discourage foreclosures, perhaps even having a positive impact on prices and foreclosure rates. Published 30Sep2009, viewed 673 times
- Loan Modification and Short Sale Steps
The process of getting a loan modification or resorting to a short sale is complicated, but can be explained in about five main steps. Published 28Sep2009, viewed 222 times
- Loss Mitigation: Short Sales are the New Exit Strategy
Foreclosure isn't destiny- get loss mitigation with a loan modification, restructuring, short sale, and more. Published 27Sep2009, viewed 273 times
- California Loan Modification Reform
While pushing forward the Mortgage Modification program designed to help millions avoid foreclosure, The Obama Administration have been naming the worst banks to try to shame them into changing their policies. Published 26Aug2009, viewed 248 times
- Relinquishing Your Home Sans Foreclosure: Short Sale and Other Options
If you are behind on your mortgage, you may not always be able to keep your home, and when that happens, there are several loss mitigation options to consider. Published 25Aug2009, viewed 471 times
- California Loss Mitigation and Foreclosure Realities
How loss mitigation became the norm in the California lending industry and what that means for the homeowner in danger of foreclosure. Published 20Aug2009, viewed 257 times
- Short Sale Details
There is an alternative to the pain, embarrassment, and credit-ruin that is a foreclosure: the short sale. Published 15Aug2009, viewed 361 times
- Housing Crisis Leads to Loan Modification And Tax-Exemption Surge
Although a large amount of national attention has lately been focused on the issue of foreclosures and defaults, another huge problem that is much less well publicized is the issue of property taxes. Published 14Aug2009, viewed 235 times
- Avoiding Default and Foreclosure
If you've fallen behind on your mortgage payments and you're beginning to fear you may never catch up, don't lose all hope- you still have many options at your disposal to prevent foreclosure on your house. Published 12Aug2009, viewed 233 times
- New FHA Mortgage Guidelines
Recently, the U.S. Department of Housing and Urban Development (HUD) has passed new guidelines allowing FHA borrowers to seek to cut down their monthly payments on their mortgage through a Making Home Affordable loan modification program. Published 10Aug2009, viewed 392 times
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