News

Commercial Property Short Sale Packaging & Negotiation

03/24/2010 08:18
Commercial Property Short Sale is Here Up until recently, there has not been any wway for a commercial property owner to qualify for a short sale on the commercial property.  Now their is! It is estimated that over a trillion dollars  in commercial property will be in financial peril of...

Loan Origination Data Base Protects Consumers

03/21/2010 11:48
Finally, there is a data base for those completing mortgage loan transactions.  This new data base can be accessed by anyone wanting to know about their loan officer.  This is a nation wide mortgage  licensing system.  The data base will detail any disciplinary actions of any...

Short Sale Tax Looked Over in California

03/20/2010 23:57
The state of California is one of the only states in the nation that requires that home owners who sell their home pay state taxes on any gain received in a short sale.  Arnold Schwarzenegger has give the  Californa legislature notice that they need to come to the table and come up with a...

Well Fargo Signs Up for HAMP

03/20/2010 23:56
Wells Fargo Bank has decided to sign up for the HAMP (Home Affordable Modification Program).  This is a mortgage loan modification program offered under the Abama Administration, last year.  This program is a goverment program which encourgages lenders to modify subordinate liens (2nd,...