HAMP on track to meet goal

More than 110,000 permanent loan modifications were approved under the Obama administration’s Home Affordable Modification Program (HAMP) as of December, according to the U.S. Dept. of the Treasury and the Dept. of Housing and Urban Development (HUD).  Under...

FHA 90-day anti-flipping rule waived

The Dept. of Housing and Urban Development (HUD) announced Friday it will eliminate for one year the Federal Housing Administration (FHA) 90-day anti-flipping rule.  FHA’s anti-flipping rule generally prohibits insuring a mortgage on a home owned by the seller...

With the recent rise in foreclosures, foreclosure-related scams have exploded

HOMEOWNERS BEWARE: Foreclosure Rescue ScamsBrought to you by your Realtor® Arnie Levine Broker of County Properties and the California Association of Realtors® With the recent rise in foreclosures, foreclosure-related scams have exploded onto the real estate scene....