Hi Everyone,
Here’s the follow up from today’s class.
Here’s the story on shadow inventory that came out this morning on Calculated Risk.
Here’s a link to that nasty graph showing the path of one person’s securitized mortgage.
Here’s the Wa State Supreme Court Opinion that voided a Wa State foreclosure sale.
Here’s a link to that movie I recommended about foreclosure and a homeowner in denial. Speaking of movies…
There was a request for more information on FDIC-related REO inventory. Here’s a link to a blog post I created with links out to REO inventory, listed or otherwise, including the FDIC.
Local attorney Dwight Bickel wrote a great blog post called “New Uncertainty About Foreclosure Sales” about the robo-signer fiasco. This article will help educate you and your homebuyers about buying REOs.