by countyproperties | Jul 14, 2011 | Current Affairs, Finance, Latest News
In anticipation of the expiration of current loan limits on Sept. 30, 2011, Bank of America has stopped accepting conventional and government applications for loan amounts that will exceed the permanent loan amounts. The deadline to submit loan applications was July...
by countyproperties | Jul 8, 2011 | Finance, Latest News, loan modification, Sellers, Short Sales
Under a settlement with the Federal Trade Commission, a federal court banned three men and their company from the mortgage modification business and ordered them to pay nearly $19 million for consumer refunds. The defendants allegedly deceived distressed homeowners...
by countyproperties | Jul 8, 2011 | Finance, Latest News, Real Estate news
For the clearest sign yet that U.S. housing reform is floundering, just take a look at the latest proposal. Two lawmakers, with industry lobbyists in tow, are heralding a union of Fannie Mae and Freddie Mac , which would leave the government still in charge. Even more...
by countyproperties | Jun 24, 2011 | Current Affairs, Finance, Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat that is hurting homeowners, businesses, and the national economy. The FBI has developed new ways to detect and combat mortgage fraud, including collecting and analyzing data to...
by countyproperties | Jun 24, 2011 | Current Affairs, Finance, Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
For lenders who can’t find a defaulting home owner, they may turn to Facebook or other social networking sites to track them down. That’s what a lender in Australia did. The lender used Facebook to track the defaulting couple down and send them a...
by countyproperties | Jun 24, 2011 | County Properties in the media, Current Affairs, Finance, Latest News, Real Estate news
Dear Mr. Levine, Thank you for taking the time to write to me with your concern about the future of the mortgage interest deduction and your support for House Resolution 25. I appreciate hearing from you on this important issue and welcome the opportunity to respond....
