Help for Distressed Homeowners, Boomerang Buyers and a Better Way to Sell Damaged Properties in Need of Renovation
This site was created to assist 7.1 million Distressed Homeowners who can stay put in underwater homes and for problems that affect 7.3 million Boomerang Buyers, or those who had a short sale or foreclosure in the past, and are eligible to come back into the housing market over the next 8 years. A novel idea to promote repairs and costs with available mortgage financing upfront for damaged housing inventory is also here. A national HELP Network has been set up to include loan originators, lenders, realtors, credit reporting agencies, HUD approved counselors, FHA Inspectors, PMI companies and government agencies that desire to assist Distressed Homeowners, Boomerang Buyers and buyers and realtors who need renovation mortgages for dilapidated housing inventory. And most important... for those of you affected by this housing crisis, we need your stories of what REALLY happened... through video or a written story. Tell your story. Finally, those that can help are listening.
Dodd-Frank: Trump says roll-back, consumers map fight backKevin McCoy and Roger Yu , USA TODAY Published 7:02 a.m. ET June 14, 2017 | Newly announced Trump administration plans
Underwater homes on the decline nationwide – but that’s not the whole storyHomeNews by Ryan Smith, 08 May 2017 There were nearly 5.5 million seriously underwater properties in the US during the
Pre-purchase help coming from HUD approved housing counselors to assist clients who still have credit issues with a past short sale or modificationBy Pamela Marron | National Mortgage Professional Magazine | May 2017 HUD approved housing counselors are being trained to provide
Morning Briefing: HELOC owners face sharp payment increases in 2017by Steve Randall Challenging times are ahead for thousands of homeowners with HELOCs as their lines of credit reset with
Drill Down on Short Sale and Modification CreditBy Pam Marron | National Mortgage Professional Magazine | April 2017 Recently, a joint effort of the mortgage and the
National Real Estate Post is Off the Mark – Here are the Facts!3/15/17 Dear National Real Estate Post; With all due respect, you are totally off the mark in today’s video: http://thenationalrealestatepost.com/treasury-giving-away-50k-to-lower-your-mortgage/?utm_source=feedburner&utm_medium=email&tm_campaign=Feed%3A+TheNationalRealEstatePost+%28The+National+Real+Estate+Post%29
HUD Housing Counseling Federal Advisory Committee (HCFAC) to host panel entitled “Challenges in Credit Reporting Post-Crisis: An Opportunity for Housing Counselors”As a member of the HCFAC committee which is comprised of three representatives each from the mortgage, real estate and
How Loan Professionals can Correct a known Short Sale credit coded as a ForeclosureLoan originators are unaware that there are two solutions that can work when short sale credit is erroneously coded as
The Hidden Costs of Buying a HomeWednesday, 14 Dec 2016 | 8:30 AM ET Buying a home can end up costing an owner many times the
Federal Housing Administration to reduce annual insurance premiums, saving homeowners avg $500 this yearBerkeley Lovelace Jr. | @BerkeleyJr Monday, 9 Jan 2017 | 9:30 AM ET CNBC.com FHA to lower annual insurance premiums
Loan Originators: Be aware of “disputes” on credit reports and automated underwriting findings. Also on short sales, check “Date Reported”.Do it before a contract is signed. By Pam Marron, Jan 9, 2017 for National Mortgage Professional Magazine Frustrated consumers
When Unpopular Policy WorksOur current administration inherited a financial crisis that this country has not experienced anything close to since the Great Depression.