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 457

Mortgages Bankruptcy Short sale Equity 457

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

HomeLight

DECEMBER 2, 2021

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Your agent will also ensure that all additional legal guidelines required in a short sale are followed.

Short sale 104

Short sale Sales Loans Banks 104

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

DECEMBER 1, 2021

If you have the financial resources to stay afloat, it could be better to wait until the market swings to your favor rather than lose some or all of your equity by selling at a loss. Here’s when you may want to reconsider — or at least carefully weigh the consequences of — a home sale. When to think twice.

Purchase and sale agreement 111

Purchase and sale agreement Short sale Loans Mortgages 111

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