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Mortgage Lender Report - July 18, 2010 NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dro... Sent Sunday, July 18, 2010 View as plaintext


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NEWS: Tax Incentives Extended: Thousands of Short Sales saved from Buyers dropping their offers!- 2010-07-01 20:43:39-04

Anyone riding the short sale pipeline may have seen many buyers getting antsy as we came to the end of the filing period for tax payers to cash in on those home buying incentives. Well many of those last-minute buyers can wipe the sweat off...
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Bank of America: Stop Faxing Me Your Loan MOD Documents! Email Them.- 2010-07-02 19:51:18-04

We should set off the fire works for this one. It’s almost like Bank of America is taking a few steps into the future calling out,”’90′s here we come!” OK. So they are still running 20+ years behind on the times but their catching up....
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HAMP: New Changes to Investor Income Valuation, Government reviews and has found clarity.- 2010-07-08 15:53:49-04

In an odd turn of events HAMPs guidelines have changed possibly this time for the better. Changes have recently taken place to help try and bring that 18% of successful workouts up a little and this time it’s including Investors. Now before you jump for...
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Bank of America: Understanding BAC Loan Servicing LP’s acceptance of Counter Offer Terms- 2010-07-16 10:21:04-04

Realtors have told us the better they understand the counter offer process, the more successful they are in closing short sales. The following facts related to the counter offer process are critical to closing short sales in Equator. Fact #1: Your acceptance of the counter...
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MHA/HAMP/HAFA: Harsh rules leaving many homeowners in trouble.- 2010-07-18 21:19:23-04

Many times these programs that we deal with for our clients change for the better but there are also certain times that they change for the worse. I guess only adding insult to injury is that fact that it is our own government, supported by...
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