Post-Foreclosure Frequently asked questions.
Here at MLReport we receive messages all the time asking about what to do when they have gone through a foreclosure. We get a lot of frequently asked questions and by no mean do we have time to answer...
View ArticleMLReport.com Presents: Lender-Pedia. For the People By the People. A Wiki story.
We here at MLReport know how important it is to find the information that you need when trying to deal with the mortgage servicing industry. When it comes to mortgage lenders it is not ever surprising...
View ArticleFiling an Emergency Chapter 13 BK, Can it save my home from foreclosure?
Image via Wikipedia Constantly we are approached on what can stop a foreclosure sale. We feel that we try to touch on many different alternatives (including the new HAFA Programs) in order to postpone...
View ArticleFannie Mae: As if it wasn’t already tough enough you better have a game plan!
Recently GSE Fannie Mae rolled out new guidelines guiding the servicers on how to manage its portfolio. Stating that it wants its borrowers, if they are in an active foreclosure and if they have a sale...
View ArticleFannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down...
Fannie Mae in another attempt to tighten its servicing belt has decided to release new servicing procedures that are only going to make it tougher for those homeowners who find themselves in an already...
View ArticleWachovia: An offer that is too low they will automatically get you kicked out.
Wachovia known for its speedy work outs and it could be because of the streamline guidelines that they put out to begin with. In fact those rules aren’t necessarily that stringent but they do keep the...
View ArticleNEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers...
Anyone riding the short sale pipeline may have seen many buyers getting antsy as we came to the end of the filing period for tax payers to cash in on those home buying incentives. Well many of those...
View ArticleMHA: Bank of America’s (and just about everyone else’s) spiel for Immanent...
Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect....
View ArticleMHA:What is the HAMP review? Frequently Asked Questions.
Many different acronyms get thrown around frequently in the business world. The banking world being one of the largest cogs in private sector it is no wonder confronting your mortgage company and...
View ArticleFannie Mae: Commercial Loan Modifications …not just for Residential Markets!
Fannie Mae is always on the look out, like any servicer, for the best solutions that in the long run lose them the least amount of money. Commercial owners and owners of investment properties rarely...
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