Hi Everyone,
Here are links to some of the things we covered today.
There was a request to link to the free, HUD Approved Housing Counseling Agencies in WA State and the link with more info for ppl who might qualify for free legal aid.
Here is my review of Howard Bono’s Financial Revival Group.
Here’s a link to a blog post I wrote about the two new forms from DFI and DOL, the Short Sale Seller Advisory and the Short Sale Guidelines for Licensees.
There was a request to read more info on possible predatory lending going on in the reverse mortgage community.
At one of the breaks, we talked about meth use. Here’s a great movie to put in your Netflix cue or to rent on meth. Very scary stuff.
Here’s the FTC MARS Ruling on short sale negotiators and upfront fees….and the recent exemption of real estate licensees….but remember, WA State has tougher guidelines (see number 4) than Federal Law on who can/cannot collect upfront fees for negotiating loan mods or short sales.
Here’s the IRS website on the Mortgage Forgiveness Debt Relief Act. This page speaks to tax-related questions.
Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners.
We mentioned a loan originator a couple of times. I recommend reading the Seattle Weekly story about Shawn Portmann….and here’s the local story about the indictment of two loan processors that came out last week.
Oooo and here’s the Liza Bautista story from the KING 5 Investigators.
Here’s a link to the Freddie Mac page on their website describing Short Sale Fraud
And here’s a recent blog post I wrote about a scam program called Assignment of Mortgage Payment Systems….as well as the Predatory Mortgage Litigation scams.
Here’s the press release on the sentencing of Melody Redondo.
Here’s our new federal regulator, the Consumer Financial Protection Bureau.
Here’s how to check to see if a loan originator is licensed.
Here’s more info on the Home Affordable Foreclosure Alternative (HAFA)