Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Charlotte Observer, By Stella Hopkins: Bank of America will respond to distressed homeowners and credit counselors working on mortgage modifications within 72 hours, a major improvement, under a progr
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04/08/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. San Francisco Chronicle, By Robert Selna: When Luis Jimenez bought a two-bedroom house in Richmond from a bank last year for $46,000, he joined the ranks of Bay Area real estate investors, who in 2009
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03/31/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By Prabha Natarajan: A unit of the government-controlled insurer American International Group is offering the first of two new residential-mortgage-backed securities worth a total
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03/31/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By Michael R. Crittenden and Sara N. Lynch: The Obama administration on Monday committed $600 million in new funds to help struggling homeowners in some of the nation's hardest hi
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03/31/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. National Mortgage News: The USDA's 'Guaranteed Rural Housing Program,' which has soared in popularity the past two years, could run out of allocated funds shortly, affecting hundreds of lenders and se
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03/26/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Reuters, By Lucia Mutikani: Sales of newly built U.S. homes fell for a fourth straight month to a record low in February, but another rise in new orders for durable goods offered assurance that the ec
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03/26/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By James R. Hagerty Under pressure by Massachusetts prosecutors, Bank of America Corp. said Wednesday it would reduce mortgage-loan balances as much as 30% for thousands of troubl
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03/26/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Wall Street Journal, By Jon Hilsenrath and Luca Di Leo: The Federal Reserve said it will end, as planned, on of its main supports for the U.S. economy-purchases of $1.25 trillion of mortgage-backed se
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03/19/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. American Banker, By Kate Berry: As an alternative to foreclosure, the government's forthcoming program to spur short sales may prove just as ineffectual as the push to modify loans. In a short sale, t
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03/19/2010
Post by Ken Grech, a top Simi Valley real estate agent. Search Simi Valley real estate listings. Chicago Tribune, By Mary Ellen Podmolik: As the number of delinquent borrowers struggling to keep their homes continues to grow, an experiment in a WickerPark office building is trying to address one
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03/19/2010
