Hi Everyone, Here are the links I promised to send: List of WA State Chartered Banks Here is the unofficial list of problem banks. Scroll down for the embedded spreadsheet. …and here is more info on Option ARMs for those who were asking lots of great questions about Option ARMs. This post contains the statistics […]
To the Students from the Dec 15, 2009 Foreclosure Class at SKCAR Bellevue
Hi Students, Here’s the follow up Q&As leftover from our class: Here are two articles on how credit scores are effected by short sale v. foreclosure v. bankruptcy. First, here’s Ken Harney’s article and here’s Ardell’s follow up on the blog RCG. Here’s more information on the new WA State Foreclosure laws. George asked “What constitutes […]
To the Students from the Dec 10, 2009 REO Class at SKCAR Bellevue
Hi Everyone, Here’s your Q&A follow up from class. Here is a link to the Credit Suisse chart showing all the recasts of the Pay Option ARMs coming our way through 2012. Remember the good news here is that 46% of all Pay Option ARMs are currently in default. Here’s a link to my favorite […]
To the Students from the Dec 8, 2009 Short Sale Class at Firstam Bellevue
Hi Everyone, Here’s the follow up Q&As from class: Here is a link to the Credit Suisse chart showing all the recasts of the Pay Option ARMs coming our way through 2012. Remember the good news here is that 46% of all Pay Option ARMs are currently in default. Here’s a link to my favorite […]
To the Students from the Dec 7th Foreclosure Class at PreviewP Northgate
Hi Everyone, Here’s the follow up info from our class on Foreclosures at PreviewP Northgate Some folks were curious about the 3 investor groups that represent buyers who want to buy homes at the foreclosure auction like the one we watched in class, and the one I filmed in May here. Those companies are: Vestus, Foreclosure […]
New Class for Realtor Clock Hours: Economics
I just received approval from DOL on a new real estate clock hour class: Economics for Real Estate Agents. This class will be taught by Brad Toft with Clearwater Mortgage Solutions who holds a B.A. in Economics. Watch for this class to start appearing on the calendar in 2010.
To the Students from the Nov 2, 09 Advanced Short Sale Class at SKCAR Bellevue
Hi Everyone, Here’s the follow up from class. Here’s information about Fannie Mae’s program to allow homeowners to rent back from Fannie after foreclosure. The program is called Deed for Lease. There was a question about the Realtor Code of Ethics: Is there anything in the Realtor Code that says Realtors cannot represent sellers when […]
To the Nov 9, 09 Short Sale Students at Preview Properties Northgate
Hi Everyone, Here’s the follow up from today’s class: Here’s the story about Fannie Mae’s new program regarding homeowners being able to do a Deed in Lieu of Foreclosure and then rent back from Fannie. Here’s the link to find out of a particular home is owned by Fannie Mae or Freddie Mac. Here’s the […]
To the Students from the Nov 5th Short Sale Class at SKCAR Bellevue
Hi Everyone, here’s the follow up from today. Here’s the link to the MyFico website and the graph showing the breakdown of the components of a person’s credit score. Here’s the link to help homeowners figure out whether their loan is held by Fannie Mae/Freddie Mac. Here is a link to the Credit Suisse chart […]
To the Students from the Oct 27, 2009 REO Class
Hi Everyone, Here’s the follow up from Tuesday’s class. There was a request for information on the new FHA Condo changes. Here’s a nice blog post summary from Jim Reppond on RCG. Deadline has been pushed forward to Dec 1, 2009. Here is the direct link to the DFI website showing the list of WA […]