Short Sale Fraud Fears Grow as HAFA Gets Set to Pop

Short Sale Fraud: Three Scams to Avoid If you are having difficulty paying your mortgage, you might be considering a short sale of your home. A short sale is a sale of a property where the proceeds of the sale are less than the balance owed on the mortgage loan.

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Short Sale Fraud Fears Grow as HAFA Gets Set to Pop Posted on March 10, 2010 by Stout Law Firm LOCAL REAL ESTATE ASSOCIATIONS KEEP AGENTS HONEST Lenders are building buffers to protect themselves from an anticipated rise in borrower fraud when the Home Affordable Foreclosure alternatives (hafa) program launches on April 5, 2010 and prompts a.

Here’s where housing finance investment is heading Most commentary on the housing markets – from the industry, from analysts, from the media – all give the impression that the housing crisis is well behind us. One economist in U.S. News & World Report highlighted the slight uptake in new single-family homes this year as fodder for economic growth. So is a $4.95 purchase at Ben & Jerry’s!Like we discussed last week, the increase in new.

Short Sale Fraud?? TheAgentMagnet. you are dealing completely above board and how to respond to objections from real estate agents who are nervous about short sales. Real Estate short sale.

Predatory Short Sale Fraud: In predatory short sale fraud schemes, there is usually an individual who is offering their services as a "short sale negotiator". The negotiator will offer to sell the property for the owner and request a flat fee for a percentage of the sale price.

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FHASecure — Will the Real Numbers Please Stand Up? Read this article on Questia. Magazine article Mortgage Banking Talking FHA with Commissioner Montgomery: FHA’s top official discusses the Need for Congress to enact fha modernization legislation, the Surge in FHASecure Refinancings, Higher Loan Limits and the Ins and Outs of the RESPA Proposed Rule

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Gateway First Bank appoints head of community reinvestment, fair lending 2019 HW Tech100 winner: PeerStreet 2019 HW Tech100 winner: HouseCanary. Posted on April 01, 2019 by admin in News. HouseCanary’s web and API products help real estate professionals answer the questions that are most fundamental to their business and make decisions around those answers.2018 Rising Stars: Travis Kniffen HUD Secretary Ben Carson apparently doesn’t know what an REO is HUD Secretary Ben Carson says he’ll leave office after first term Reveals plans to move on to the private sector.. HUD Secretary Ben Carson apparently doesn’t know what an REO is.Though share prices slid, the IPO still marks a major payday for early investors who bought in at much lower prices, a.Unbound – Blog – Last month, Oklahoma-based Gateway First Bank emerged with a new name following Gateway Mortgage Group’s acquisition of farmers exchange bank. Now, change is already underway at the mortgage lender, as it just established a new role to oversee its fair lending programs and commitment to addressing the credit and financial needs to the.RealtyTrac: May foreclosures inch up 2% Fidelity expected to ramp up LPS data operations HousingWire Content on ‘Lender Processing Services Inc.’. Fidelity expected to ramp up lps data operations.. lender Processing Services said in its latest First Look mortgage report..New foreclosures jump 9% in second quarter – Jul. 12, 2012 – More than one million homes had foreclosure filings — notices of default, auction notices and bank repossessions — during the first six months of 2012, up 2% from the previous six months.

Minerva Sanchez, 48, Fremont, California, a licensed real estate agent, was sentenced by Senior U.S. District Judge Anthony W. Ishii to 21 months in prison for her role in a short sale fraud scheme.. Sanchez also was ordered to pay restitution to financial institutions in the amount of $421,372..

Buying a short sale home The sheriff’s office said she was found near Kennedy Auto Sales on Reynolds Road but there is no surveillance footage of the incident. Investigators claimed that witnesses saw Hanvey trying to wave.