Hi Everyone, Here are some of the links we talked about today. Here’s a blog post I wrote providing a link to many bank-owned REO lists. Here is the link from HUD showing title insurance is “buyer’s choice” under RESPA. I mentioned the concept of loan “push backs” where a servicer asks a bank to […]
Archive | Real Estate Continuing Education Classes
To the Students from the March 31, 2011 Short Sale Fraud Class
Hi Everyone, Here are the links we discussed in class: Here’s more info on the Foreclosure Fairness Act. Here’s more on the HAFA program. Here’s the story from the NY Times “In Prison for Taking a Liar Loan.” IRS Rule on debt forgiveness tax provisions is called the Mortgage Forgiveness Debt Relief Act. Special thanks […]
To the Students from the March 25, 2011 Foreclosure Field Trip at SKCAR Bellevue
Hi Everyone, Here are links to some of the items we discussed in class today. Here’s a link to the Northwest Trustee Service website and a link to our special guest speaker, Vestus. Thanks again to Sherri Hunsinger and Christopher Hall for going through the homes up for bid! To see how many homes are scheduled […]
To the Students from the Jan 20, 2011 REO Classes
MORNING CLASS Buying REOs Calculated Risk Blog has an entire Graph Gallery that you can access here. We talked about Shadow Inventory this moring. Here’s a good research article on that topic and here’ s the REO Heat Map. I referenced a chart showing the market share of Fannie, Freddie, and FHA loans overlayed with […]
8 Clock Hours: Buying REOs AND How to Become an REO Broker back-to-back Jan 20, 2011
January 20, 2011 Buying REOs and Bank-Owned Real Estate Early Start Time: 8AM to Noon 4 clock hours $54 No-Host Lunch Noon to 1PM How to Become an REO Broker Afternoon Class: 1PM to 5PM 4 clock hours $54 Location: Bellefield Conference Center 1150 114th Ave. SE Bellevue, WA Directions below Join us on Thursday, […]
To the Students from the Nov 9, 2010 Buying REOs Class at SKCAR Bellevue
Hi Everyone, Here are the links I promised to post: Here’s that great New York Times story about why banks are foreclosing v. saying yes to your short sale offers. Here’s the FDIC Press Release addressing that viral YouTube video about Indymac. Please stop forwarding the video as it has been deemed to have no […]
To the Students from the Sept 2010 Idaho Realtor Convention
By Jillayne on September 23, 2010 in Real Estate Continuing Education Classes, REOs: Real Estate Owned, Short Sales
Hi Everyone! Thanks for a fun day in Boise! Morning students attended the Advanced Short Sale Class. Here’s the follow up Q&A: Here the link to a summary of the Dodd Frank Wall Street Reform Bill from the Mortgage Banker’s Association. Here’s a link to the most important slide from the ‘market update’ section of […]
To the Students from the SKCAR Bellevue Class on Buying Bank Owned Homes
Hi Everyone, Here’s the follow up from today’s class on Buying REOs. Here’s a link to the graph showing the Fannie, Freddie, FHA REO inventory and the second graph adding the Private Label MBS. inventory. Here’s the page on ceforward.com that provides a list of where to find bank owned homes beyond the MLS. Here’s […]
To the Students from the Sept 8, 2010 Foreclosure Class at SKCAR Bellevue
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 […]
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 […]