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To the Students from the May 18, 2010 REO Class at Firstam Kirkland

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 like a short sale, foreclosure or bankruptcy will affect their credit score.

Here’s the attorney referral page of my website.

There was a question about a holding company called Pre-Core. I’m finding no company with that name dealing in foreclosures nationwide so I’m guessing it’s a small LLC operating locally flipping REOs.

 Here’s the story about the Queene Anne Condo Project, Kerry Park going into foreclosure.

Here’s the story about squatters moving into a foreclosed home from the Seattle Times.

Here’s the news story about appraisal fraud jumping 50% in 2009.

First American CoreLogic released the Q1 2010 negative equity report this week.

Here’s the negative equity graph by state.

Here’s more information about the types of disclosure rules mortgage brokers are required to follow when they also hold a real estate license.

Here’s the latest unofficial problem bank list from CR.

I also mentioned one path to creating an incentive for the housing industry was to create more households and not to extend the homebuyer tax credit.  Here’s that blog post I mentioned that CR wrote on this topic.

Thanks for a fun class!

206-931-2241 or jillayne@ceforward.com