Housing Wire

JULY 30, 2024

Another 365 complaints were related to home equity lines of credit (HELOCs), while only 74 complaints were attributed to reverse mortgages. More than 3,000 of the complaints in Q2 were attributed to conventional mortgages, while Federal Housing Administration (FHA) mortgages yielded 847 complaints and U.S.

Mortgages 459

Mortgages Bankruptcy Short sale Equity 459

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.

Bankruptcy 523

Bankruptcy Lending Equity Mortgages 523

Housing Wire

DECEMBER 8, 2021

This idea is that American citizens who are financially sound, have great cash flow, a vast amount of nested equity built-in, and live in a nice home will all of a sudden sell their homes at a major discount to the market bid in an attempt to get out at any cost. Recently, I have noticed a few people bring up the notion of panic selling.

Bankruptcy 525

Bankruptcy Loans Sales Short sale 525

RIS Media

JANUARY 29, 2021

After a bankruptcy, foreclosure or short sale, a prospective homebuyer may have to wait a period of time before taking out a new prime mortgage. Lenders often grant mortgages to borrowers who fall short or who are marginal in one area but who are well qualified in other ways. An Alt-A loan may be available sooner.

Debt-to-income ratio 98

Debt-to-income ratio Mortgages Bankruptcy Loans 98

HomeLight

AUGUST 16, 2021

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. Today, she has sold more than 4,000 homes total and around 2,500 of those have been foreclosures or short sales. I believe it’s gonna be a short sale market personally, until next year. Auction.com.

Marketing 76

Marketing Short sale Bankruptcy Banks 76

The Residential Specialist

JUNE 30, 2021

Thompson compares the toughness of divorce listings to short sales. In some cases, legal complications such as restraining orders and bankruptcies can affect progress. You need to know if they have the equity and the legal authority to complete the sale.”. says Stevens. Maybe the mortgage hasn’t been paid.

Agents 98

Agents Bankruptcy Sales Short sale 98

HomeLight

JULY 31, 2021

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98