Bankruptcy Closing Short sale 
Housing Wire
JANUARY 24, 2025
Most of the other half stemmed from trying to communicate with the company to fix an issue related to modification, forbearance, short sale, deed-in-lieu, bankruptcy, or foreclosure, according to the database. And about 10% of the total share of complaints were related to issues with loan closings.
Housing Wire
NOVEMBER 15, 2022
Originators who actively work within the non-QM space are closing additional loans every month. Loans up to $3 million 12 or 24 months personal or business bank statements allowed 1099 earning statements accepted Two years seasoning required for bankruptcy, foreclosure, short sale or deed-in-lieu. and growing.
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Housing Wire
OCTOBER 31, 2022
One of the unsung heroes of the most prolonged economic and job expansion ever recorded in history was the passing of the 2005 Bankruptcy Reform Act and the 2010 qualified mortgage rule under Dodd-Frank. As we can see below, the bankruptcy levels were extremely high before the bankruptcy law was passed in 2005.
Housing Wire
MAY 13, 2021
Due to tight inventory and increased competition, investors need to close on loans quickly. We have Agency options, and when that won’t work, we can pivot quickly to a non-QM product without a delay for a quick close. Portfolio Select is a good option for those just two years out of foreclosure, short sale, bankruptcy or deed-in-lieu.
Housing Wire
AUGUST 30, 2022
The next job loss recession, when it happens, will have more foreclosures, short sales, and bankruptcies. The 2005 bankruptcy reform laws and the 2010 Qualified Mortgage laws, once passed, created an expansion that has produced the highest quality homeowners in our lifetime. It hasn’t worked since 2012 for a reason.
Housing Wire
DECEMBER 8, 2021
Even with the hottest economic and inflation rate of growth in decades, the 10-year yield hasn’t been close to even testing my high-level range, and I am not in the camp that rates are a sure lock to go higher in 2022. Panic selling is different than distress selling when you’re in a foreclosure or short sale.
CT Homes
FEBRUARY 3, 2022
A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. But what is the short sale process and how does it work? . What is a Short Sale?
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