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ince my seller's plea for a short sale was rejected by Downey Savings who holds the first loan, I've been trying to understand why Downey would refuse. Turns out that Downey sold the note to Deutsch Bank. Negative news and forums abound about both, Deutsch Bank Credit Rating Cut Deutsh Bank Foreclosures Tossed Out of Ohio Federal ...

To all buyers out there.... Please listen to your realtors who make a living pricing, selling, researching values of real estate property. We do have your interests at heart. We're not in it just to sell you something. We want you to be happy because we are counting on you to tell your friends, your associates to look us up when it comes time ...

LAST RESORT In a last ditch effort to help my sellers who are upside down on their loans and can't pay their mortgages with Downey Savings and National City, I contacted Mortgage Resolutions to see if they can help my clients. Mortgage Resolutions offers, according to them "as full complement of services designed to assist homeowners, ...

We know the foreclosure activity picked up. We also know that we have brisk activity when writing offers, many times, at a multiple-offer situation. So it wasn't a shock to see this headline that talked about repossessions in the Bay area soaring. Read the storyIn the Bay Area, mortgage companies recorded 18,516 notices of default, up more ...

Lenders appear to be standardizing on what they want the property owners and their realtors to provide when submitting a short sale package for consideration. Here's the latest list of requirements I received from a lender. What's different about this from the other packages is that this requires information on activities realtors ...