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 […]
We’ve Come a Long Way in Real Estate and Lending
As an educator in the real estate and mortgage lending sector, I enjoy hearing stories from students about what it was like to sell real estate and originate loans in the 1950s and 1960s, before the Fair Housing Act of 1968 and the Equal Credit Opportunity Act of 1974….discrimination happened to people who are still […]
To the Students from the October 5, 2011 “Buying REOs” Class at SKCAR Bellevue
Here are some links to information covered in class today: Here is a nice graph showing agency REO inventory and the follow up from Tom Lawler adding private label RMBS REO inventory….and here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. We talked about Fannie and Freddie being insolvent. Here’s a […]
Can we just decide to ban all third party short sale negotiators?
Not a day goes by that I do not hear a story from a Realtor, loan originator or consumer about a questionable if downright bad experience with a third party short sale negotiator. We’ve reached a point in time where we ought to consider eliminating all third party short sale negotiators. At the end of […]
To the Students from the September 22, 2011 Short Sale Fraud class at Preview Properties Northgate
Here are links to some of the things we covered today. Here’s a 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. Marie mentioned a HUD lottery system that took place in the 1970s when HUD had a large amount […]
To the Students from the BPO-R Class at SKCAR Bellevue on Sept 21, 2011
Hi Everyone, Here’s the follow up from today’s class. Here’s a link to the BPO-R website. Here’s a link to the WA State Bar Association….with info on the foreclosure mediation program. Here’s more info on that cool REO panel coming to town courtesy of the Sea Chapter of NAHREP. A BIG thank you to Keith […]
To the Students from the Short Sale Fraud class at Preview Properties Marysville on September 13, 2011
Here are links to some of the things we covered today. Here’s a 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’s a link to a blog post I wrote about the two new forms from DFI and DOL, the […]
To the Students from the September 12, 2011 class at SKCAR Bellevue on How to Become an REO Listing Broker
Here is a nice graph showing agency REO inventory and the follow up from Tom Lawler adding private label RMBS REO inventory….and here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. We talked about Fannie and Freddie being insolvent. Here’s a story from today’s Housing Wire on that topic. Expect MORE FHA REOs out […]
To the Students from the August 23, 2011 Short Sale Fraud Class at Preview Properties Everett
Here are links to some of the things we will cover today. Here’s that 60 Minutes Episode on LPS and the Robo-signer scandal. Sounds like the first of many lawsuits was filed today. Here’s a 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 […]
To the Students from the August 19, 2011 Foreclosure Field Trip Class at SKCAR Bellevue
Here are some links that might be helpful after class is over. Here’s a great resource guide that was just published: It’s 61 pages….BUT full of good stuff. WA StateForeclosure Resource and Prevention Guide. Here’s a link to the Northwest Trustee Service website. One way to see how many homes are scheduled for auction on a given date, […]