Search San Diego County Foreclosures & Short Sales Fannie Mae beginning March 1st and and Freddie beginning February 1st will begin implementing “forbearance” programs on loans either owned or securitized. It is mandatory for servicers to forbear a homeowner in the even of a job loss for 6 months without advance permission. The servicer will… Read More
Bank Foreclosure In San Diego
September 27, 2011 By Leave a Comment
A Fed Official John Walsh, of the Comptroller of the Currency, said 14 major banks will be reaching out to borrowers who may have been wrongly foreclosed upon and are fixing their foreclosure protocols over the next year. 4.5 million foreclosures from 2009 and 2010 are being looked at by independent consultant. In this process… Read More
Fannie Mae Delay Initiative Foreclosure
August 25, 2011 By Leave a Comment
Fannie Mae has cited a newly implemented “delay initiative” requiring that all mortgages more than 12 months past due must be on an active payment plan with monthly payments coming in order to avoid foreclosure. Requests for postponement in the absence of such a plan are denied. Therefore if you are attempting a loan modification… Read More
Equal Housing Opportunity. Equal Opportunity Employer. It is illegal to discriminate against any person because of
race, color, religion, sex, handicap, familial status, or national origin.