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To the Students from the February 18, 2011 Foreclosure Field Trip

Hi Everyone,

Here are links to some of the items we discussed in class today.

Here’s a link to the Northwest Trustee Service website and a link to our special guest speaker, Vestus. Thanks again to Sherri Hunsinger and Christopher Hall for going through the homes up for bid!

Here’s the nice PDF of the foreclosure timeline we reviewed in class.

Here’s a description of the movie The House of Sand and Fog.

Here’s a very brief article on the MERS fiasco and the loan servicing enforcement actions that I’m watching unfold. Oooo, here’s another one.

I also mentioned a report from the Treasury about how we need to revamp the secondary mortgage market and wean ourselves off of Fannie and Freddie.  Here’s that report

and there was a question from a student on the way out about how a person’s credit score is effected by foreclosure v. a short sale.  Ken Harney wrote a great article on that topic here

A big THANK YOU to Katy Hawley from PNC Mortgage for sponsoring our class!

206-931-2241 or jillayne@ceforward.com