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The Government Goes After Loan Officers
Now the immunity enjoyed by lenders may be at an end. new and surprising player is looking at failed mortgages, and looking in a way which may suggest that many loan officers will have to pay up. That said, whats plain is that the SEC has opened a new front in the mortgage responsibility debate. Interstate Commerce At first it may seem odd that mortgages are a federal matter since loans are secured by real estate and nothing is more local than dirt. The Government Goes After Loan Officers By Peter G. Miller    One of
www.realtytrac.com - Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
As UBS analysts point out, because Fannies and Freddies subordinated debt is used when they calculate capital -- the financial cushion regulators require to support the companies operations -- interest payments on the debt may have to stop if a bailout occurs. As the old expression goes, it wouldnt help. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com - Tuesday, February 3, 2009
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Secrets of Pre-Foreclosure Investing
He uses the Internet, scripts, form letters, call sheets, check lists, direct mail campaigns, objection handling techniques and other “systems” that help him locate, track, negotiate, purchase and sell pre-foreclosures. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Lucier, Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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