Hi Everyone, Here’s the follow up from today’s class. Here’s the graph showing that 96.5 percent of all loans are being backed by the government. Thanks again to CR who allows me to use his graphs in the classroom. Here is a very funny video of John Stewart interviewing Elizabeth Warren. Here’s more info on […]
Archive | Foreclosure from default to auction
To the Students from the August 23, 2010 Foreclosure Class at John L Scott “Kent The Original”
Hi Everyone, Here’s our follow up Q&As from class. Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big thank you to CalculatedRiskBlog who allows me to use his charts in class for educational purposes. Thanks, CR! Here’s a link to homeownership.wa.gov with free help for homeowners facing foreclosure from […]
To the Students from the July 29, 2010 Foreclosure Class at SKCAR Bellevue
Hi Everyone, Wow, what a fantastic class today…so many interesting questions and so MANY questions on Deeds-in-Lieu of Foreclosure. As promised, here’s the follow up: Here’s some reading material on loan modification plan for people with Pay Option ARMs seeking principal balance reduction. Here’s the statistical data on Pay Option ARMs and here’s the reset chart. A big […]
To the Students from the June 17, 2010 Foreclosure Class at PNW Realty Federal Way
Here’s a link to the mortgage delinquency stats charts we looked at during the first hour of class. There was a request to see graphs comparing the 1990s recession with our “Great Recession.” Here’s the most recent “unofficial problem bank list” from CR. This list is updated every Friday evening on calculatedriskblog.com Here’s a link […]
To the Students from the April 29, 2010 Foreclosure class at John L Scott Puyallup
Hi Everyone, Here’s the follow up from class today. Here’s a link to MakingHomeAffordable.gov to see if a home is owned by Fannie/Freddie and eligible for the Home Affordable Foreclosure Alternative program. Here’s a direct link to the Loan Lookup page. Here’s a link to Neighborhood Watch to check to see who the lenders are […]