HAFA is of course a government-related program, so these things take forever to get off the ground. Just look at the HAMP program. We’ve only started seeing halfway decent monthly numbers on it in the last few months and it was created long before HAFA.

Your country needs you! Private market solutions are necessary to help the economy and housing market recover.

I suspect Bank of America CEO Brian Moynihan might be able to answer that as he now finds himself in that situation. Moynihan is not alone, however, as the lawsuit also names the board of directors and other bank executives.

Shareholders are claiming BofA leaders failed to disclose billions (yes, with a B) of dollars in hidden debt as well improperly recorded mortgages. The lawsuit was filed in a New York state court this week and covers the bank’s actions from January 20-October 19, 2010. Among other things, shareholders experienced a major decline in the value of the bank’s stocks. Plaintiffs are contending BofA stock lost nearly 42% of its value in 2010.

Bank of America had no comment when asked about the lawsuit. Or maybe, like Charlie Sheen, they can’t get a PR firm to stick with them. Hard to know but one thing is certain, BofA has had more bad press coverage than just about any of the other mega banks.

Another accusation in the shareholder suit is that BofA did not “have adequate personnel to process the large numbers of foreclosed loans in its portfolio.” Well, gee, that shouldn’t be too hard to prove! Just ask anyone who deals with short sales or REOs!

Shareholders shouldn’t have a lot of difficulty proving these accusations. It’s pretty sad when your own shareholders want to haul you into court!

The latest performance report shows that nearly half of the homeowners approved for trial modifications have fallen out of the program. As of the end of July, 616,839 HAMP trials have been canceled, out of the 1,307,489 trials started since the program began.

The government and “distressed” homeowners are seeing Short Sales more and more as a viable option. Statistics like these released Friday compliment our feelings that the free market and capitalism will ultimately provide the solution to this unprecedented market correction.

Tammy was one of Tom Ferry’s top coaches and trained with Tom for over 5 years before launching her own business.

This is a very special treat for us because Tammy has completed over 9,000 coaching calls! Tammy knows the inside-skinny on what works right here and right now in THIS market!

We were lucky to get Tammy because she is a very ‘hard-to-get lady’. Not only is she busy speaking and training all over the country, she’s also been on Dr. Phil!

Listen HERE Tammy Burnell Call

INTRO VIDEO – Legal Short Sale Flipping

Video 1 – The Trust Explained

Video 2 – Is Flipping Legal?

Video 3 – Is everything Fully Disclosed?

Video 4 – Do we use Separate Funds for each transaction?

These two videos cover Short Sale Pros Wine and Cheese Realtor Appreciation Night on 10/22/09 at the Legends Condos Downtown San Diego, featuring outtakes from Short Sale Pros CEO Michael Corradini, an owner of an Escrow company, and a Title company addressing the Short Sale Pros model.

Is it Legal? YES. It is ethical. YES. Is it fully transparent and disclosed to all paries? YES

PART I

PART II

790AM Radio Interview with CEO Michael Corradini on the top rated JT Foxx Show

We hope the handouts were informative and the words from the speakers assuring. From our CEO Michael Corradini, to the president of our escrow company, to our title agent specializing in short sales and REOs, we look forward to growing your business!

Together, we will make a difference!

Check back for Video coverage of the event!

Wine and Cheese

Wine and Cheese

Wine and Cheese

Wine and Cheese

Wine and Cheese

Wine and Cheese

Wine and cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Heather Caden, Michael Corradini

Michael Corradini, Tammy Burnell, Eric Elegado

Short Sale Pros Wine and Cheese

Short Sale Pros

Short Sale Pros Wine and Cheese

Short Sale Pros Wine and Cheese

Double Commission winner!