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 […]
Tag Archives | Firstam Bellevue
To the Students from my June 18, 2009 REO Class at Firstam Bellevue
Hi Everyone, Here’s the follow up from class. Here is the Credit Suisse chart showing the subprime, Alt A and prime ARM resets through 2012. Here is the article on condo auctions from Seattle Bubble. Here is a link with more information on the FHA anti-flipping rule. Here is a quick article on the difference […]
For Students From the March 19, 2009 Short Sale Class at Firstam Bellevue
By Jillayne on March 21, 2009 in Current Issues in Mortgage Lending, Making Home Affordable, Short Sales
There was a question about how to search for short sales and REOs (bank-owned foreclosed homes) in the NWMLS, until such time as a search feature is activated. I wrote a blog post about this here. Here are all the press releases from the Obama administration’s Making Home Affordable plan. and here’s an interesting story […]