Sengdao Vongruksukdi's Blog

Marriage break-ups can be tense. And when divorcing couples sell their homes, it's buyer, agent and everyone else beware. There are about one million divorces a year in the United States and in most cases, there's a home that needs to be sold. That can mean great bargains, because couples divorci...

Newport Beach, CA - The 4th and Monroe Condominiums in the Germantown neighborhood of Nashville have been sold out of foreclosure and will be turned into apartments, at least temporarily, the new owner says. A company called Nashten, LLC, which listed a Luzerne, Pa. address, bought the 38-unit co...

Newport Beach, CA - If we think 2010 was a tough year, then hang on because 2011 is going to be fast and furious. With all of the legislative and regulatory changes coming within the next 18-24 months, we will not be able to sit back and hope it all works out for the best. Yes, there is some good...

Newport Beach, CA - Florida Attorney General Bill McCollum has launched civil investigations into two of Florida's major foreclosure process-serving companies. The attorney general's office is looking into questionable affidavits, concerns about service of complaints, and allegations of overbilli...

Newport Beach, CA - The end of 2010 is almost here.  It has been a year of new programs, foreclosure scandals, loan modifications, and sharp decreases in home values nationwide.  Not much good news to reflect on this year.  Many real estate professionals have been forced to either change careers ...

Bank of America said Friday it was ending its hiatus on foreclosure sales, and promised to get its act together after a series of sloppy home seizures prompted the bank to back off and re-examine its process. "We have identified areas of our process that can be improved and while we make these im...

Home prices took a shockingly steep plunge on a monthly basis, an indication that the housing market could be on the verge of -- if it's not already in -- a double-dip slump. Prices in 20 key cities fell 1.3% in October from a month earlier, an annualized decline of 15%, according to the S&P/Case...

Newport Beach, CA - The November Mortgage Monitor report released by Lender Processing Services, Inc. (NYSE: LPS) shows that the volume of loans moving to REO continued to drop as moratoria further delayed foreclosure sales. While the 90+ delinquency category has steadily declined, the number of ...

Newport Beach, CA - A recently released report shows homeownership counseling networks in Michigan and nationwide are bringing significant relief to over a million families struggling to avoid foreclosure, Michigan State Housing Development Authority (MSHDA) Executive Director Gary Heidel announc...

Newport Beach, CA - eMASON announced today that its Clarifire® application has been implemented by Fannie Mae as the technology solution for its servicers' use in complying with the foreclosure pre-filing mediation process mandated by the Florida Supreme Court's administrative order. The advanced...