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Fannie and Freddie Set Timeline Requirements for Short Sales

April 24th, 2012
Beginning June 15, real estate agents working with distressed homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days. The GSEs issued new guidelines Tuesday that fall ....Read More

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Anti Deficiency Short Sale Bill SB458 Passes

July 15th, 2011
July 15, 2011 - California homeowners who are considering a short sale of their troubled properties can rest easier today after Gov. Jerry Brown signed into law Senate Bill 458.  The new law broadens previous short sales laws. The previous law allowed hom ....Read More

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Shadow Inventory Slowing National Recovery

July 5th, 2011
July 5th, 2011: Several financial sectors suggest economic stabilization and growth, but the nation’s housing market continues to dampen overall conditions, according to the credit bureau Equifax. Equifax, based in Atlanta, has released the results of a stud ....Read More

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Less than 13,000 HAFA Transactions First Year

May 24th, 2011
May 24, 2011 - The Home Affordable Foreclosure Alternatives (HAFA) program is not off to a very impressive start. Last month marked the one-year anniversary of the Treasury launching the HAFA program and less than 13,000 agreements have been started. Of these les ....Read More

Tags: 100 short sales, agent, bailout, barack obama, foreclosure, HAFA, HAFA short sale, realtor short sale, short sale, short sales
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AREAA presents Discover the Secrets of Short Sale Success

May 5th, 2011
The Asian Real Estate Association of America (AREAA) is providing the expertise and tools needed to win with Short Sales on May 18th (10am- 12noon)! Our CEO Michael Corradini will be a featured Panelist alongside some of the nation's  top short sale experts who co ....Read More

Tags: agent, AREAA, asian real estate association of america, short sale, short sale agent, short sale panelist, short sales
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Double Dip is here

May 4th, 2011
May 4th, 2011 - April officially marked the first month of the double dip with national home prices 0.7 percent below the prior low recorded in March 2009. Clear Capital’s report shows prices have fallen 11.5 percent over the previous nine-month period. A ra ....Read More

Tags: 100 short sales, bailout, barack obama, california, double dip, foreclosure, loan mod, obama, short sale, short sales
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Congress Eliminates $88M in Funding for Housing Counseling

April 18th, 2011
April 15, 2011 - Both the House and Senate approved a budget resolution Thursday. Within the package are cuts to federal agency budgets, one of which is HUD’s Housing Counseling Program. In lawmakers’ efforts to trim agency expenditures, $88 million slated to f ....Read More

Tags: 100 short sales, agent, bailout, budget, congress, foreclosure, HAFA, HAMP, house, HUD, hud approved, senate, short sale, short sales
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Homeowner Testimonial

April 15th, 2011
Thank you for the kind words! It is our honor to serve you! ....Read More

Tags: 100 short sales, bank of america, short sale pros, short sale testimonial, short sales
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Mike Shields Testimonial

April 13th, 2011
Watch VideoHear what a Realtor has to say about sending his toughest deal to Short Sale Pros! ....Read More

Tags: 100 short sales, agent, bank of america, california, foreclosure, SDAR, short sale, short sale pros, short sale testimonial
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Study Finds Consumers Will Pay Credit Cards Before Mortgages

April 5th, 2011
Chicago-based credit bureau TransUnion recently conducted a study about bill-paying. The results showed that, when consumers are choosing which bills they can afford to pay, they are more likely to pay on their credit cards than their mortgage payments. Unfor ....Read More

Tags: 100 short sales, bank of america, countrywide, deed in lieu, foreclosure, loan mod, short sale, Short Sale questions, unemployment
Posted in Homeowners, Short Sales | Comments Off

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National Mitigations Solutions, Inc. DBA Short Sale Pros is a Real Estate Broker - CA Dept. of Real Estate - License #01881023.
© Copyright 2007-2010 ::: All right reserved.
Notice: National Mitigation Solutions, Inc, is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.