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.
Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal aid.
Here’s one of many stories featuring Jim the Realtor, an REO agent out of Calif who videotapes the REOs he lists as part of his initial walk-through.
I mentioned a federal law that requires lenders to favor minority applicants when selecting REO listings….It’s called the Housing and Economic Recovery Act. Here’s more info from Fannie Mae, Freddie Mac….and here’sa news story about it.
Here’s that 60 Minutes Episode on LPS and the Robo-signer scandal. Sounds like the first of many lawsuits.
Here’s that great story on new construction inventory..and…please read this story on shadow inventory!
Here’s the direct link to the list of WA State Chartered Banks
Here’s the most recent unofficial problem bank list.
I promised the sales statistics I posted at the end of class from Jack Daly.