Tuesday, August 24th, 2010 •
jillayne •
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Hi Everyone,
Here’s our follow up Q&As from class.
Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big thank you to CalculatedRiskBlog who allows me to use his charts in class for educational purposes. Thanks, CR!
Here’s a link to homeownership.wa.gov with free help for homeowners facing foreclosure from HUD-approved Housing Counseling [...]
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Thursday, July 29th, 2010 •
jillayne •
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Hi Everyone,
Wow, what a fantastic class today…so many interesting questions and so MANY questions on Deeds-in-Lieu of Foreclosure. As promised, here’s the follow up:
Here’s some reading material on loan modification plan for people with Pay Option ARMs seeking principal balance reduction.
Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big thank you to [...]
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Tuesday, July 27th, 2010 •
jillayne •
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While doing research for one of my new classes, “Buying an REO” I came across an outdated list of direct links to bank REOs for sale. So I decided to update the links and repost it for my students. I also added some regional banks from the Pacific Northwest. Feel free to leave new links in [...]
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Saturday, June 19th, 2010 •
jillayne •
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Hi Everyone,
Wow, what a fun class today! Here’s the follow up:
Here’s the story from the L.A. Times about the FBI filing criminal charges against 1200 people today for mortgage fraud.
There were several questions regarding Homeowner’s Associations and how many month’s worth of dues they can force the lender to pay after foreclosure, and how a HOA can [...]
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Friday, June 18th, 2010 •
jillayne •
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Here’s a link to the mortgage delinquency stats charts we looked at during the first hour of class.
There was a request to see graphs comparing the 1990s recession with our “Great Recession.”
Here’s the most recent “unofficial problem bank list” from CR. This list is updated every Friday evening on calculatedriskblog.com
Here’s a link to HAFA: The [...]
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Hi Everyone,
Here’s the follow up from today’s class.
Here’s the link to Neighborhood Watch so you can see which lenders have a high FHA default rate.
Here’s a link to the myfico.com website. They have a great education side to their website where your homeowners can ask all kinds of different questions about how financial distress events [...]
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Thursday, April 29th, 2010 •
jillayne •
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Hi Everyone,
Here’s the follow up from class today.
Here’s a link to MakingHomeAffordable.gov to see if a home is owned by Fannie/Freddie and eligible for the Home Affordable Foreclosure Alternative program. Here’s a direct link to the Loan Lookup page.
Here’s a link to Neighborhood Watch to check to see who the lenders are in your area [...]
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Tuesday, April 13th, 2010 •
jillayne •
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Hi Everyone,
Here’s the follow up from the REO class on Friday:
Here’s a link to a story about problems people are having getting flood insurance right now.
Here’s a link with more information about the Home Affordable Foreclosure Alternative program regarding giving lenders monetary incentives to process short sales when a homeowner does not qualify for a [...]
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Thursday, March 25th, 2010 •
jillayne •
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Hi Everyone,
Here’s the follow up from the REO class today.
Here’s a link to the Chase website. When Chase representatives were in town recently, they mentioned that they prefer to use an asset management company to market their REOs. At the bottom of this website is more info on how to work with their asset management [...]
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Wednesday, March 10th, 2010 •
jillayne •
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Hi Students,
Here’s the follow up from today’s class.
It looks like the 90 day tenant eviction rule will sunset in 2012.
Here’s a video of Jim the Realtor doing an initial walk through of an REO.
Here’s the link to the Pacific NW Housing Summit website.
Here’s the attorney referral page I mentioned in class.z
Here’s my youtube channel showing [...]
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