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      <pubDate>Wed, 31 Mar 2010 17:27:00 +0200</pubDate>
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      <category><![CDATA[Blog]]></category>
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         <title><![CDATA[The Recession and Recovery in Perspective]]></title>
         <link>http://www.theshortsaledepartment.com/news/the-recession-and-revovery-in-perspective/</link>
         <description><![CDATA[Its important to take a look at the how the recession is doing.&#160; This report shows that it will take will more than likely take 4 to 5 years to come back to the levels of employment before the recession. I found this article very interesting.&#160; You can click on the graphic below to see the full report.


&#160;<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Wed, 31 Mar 2010 17:27:00 +0200</pubDate>
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         <category>Blog</category>
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         <title><![CDATA[Mark Hanson - Field Check Group - Foreclosure Status]]></title>
         <link>http://www.theshortsaledepartment.com/news/mark-hanson-field-check-group-foreclosure-status/</link>
         <description><![CDATA[Mark Hanson - Mr. Mortgage Reports:
You have to follow my friend Mark Hanson. He has been reporting on the foreclosure and short sale situation for over 3 years, now.&#160;&#160; He has been talking about the "Shadow Inventory" that banks have been keeping at bay because they want to create a flurry of home buyers&#160; to drive up house prices.&#160;&#160; They did it last year and they are going to do it again, this year.&#160; You can get Mark's updates here:
Mark Hanson's Blog 
Enjoy!<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sat, 27 Mar 2010 00:10:00 +0200</pubDate>
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         <category>Blog</category>
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         <title><![CDATA[Commercial Property Short Sale Packaging & Negotiation]]></title>
         <link>http://www.theshortsaledepartment.com/news/commercial-property-short-sale-packaging-negotiation/</link>
         <description><![CDATA[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.&#160; Now their is! It is estimated that over a trillion dollars&#160; in commercial property will be in financial peril of some sort.&#160; These property owners have the usual and customary adjustable mortgages on their commercial properties.&#160; They are usually 3, 5 , 7 and/or 10 year adjustable mortgages.&#160; This...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Wed, 24 Mar 2010 08:18:00 +0200</pubDate>
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         <title><![CDATA[Commercial Short Sale - A Wave Comning!]]></title>
         <link>http://www.theshortsaledepartment.com/news/commercial-short-sale-a-wave-comning-/</link>
         <description><![CDATA[Commercial Short Sales - The Wave is Here:
Commercial properties will be the next huge wave of properties&#160; which fall into one of 3 catagories; commercial loan modification, short sale or foreclosure.&#160; With the global econmic crisis continuing and a major depression in the Uinited States, commerical property owners are feeling the effects.&#160; Tennants are closing down shop and giving back the keys to property owners since they have no business.&#160; Vacantcy rates are at an all...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Tue, 23 Mar 2010 17:34:00 +0200</pubDate>
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         <category>Blog</category>
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         <title><![CDATA[Wachovia is On A Mission!]]></title>
         <link>http://www.theshortsaledepartment.com/news/wachovia-is-on-a-mission-/</link>
         <description><![CDATA[Wachovia is certainly on a mission to clean out their bloated mortgage portfolio.&#160; They have a huge amount of loans that need to be loan modified or converted into short sales.&#160;&#160; The faster that they sell the homes in their portfolio the quicker they will recover.&#160;&#160; No other lender in America has realized that they need to take action, fast.&#160;
The Hope for Homeowners Program has been a complete disaster.&#160; I own the HopeforHomeownersProgram.org website and have...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sun, 21 Mar 2010 17:37:00 +0200</pubDate>
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         <category>Blog</category>
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      <item>
         <title><![CDATA[Loan Origination Data Base Protects Consumers]]></title>
         <link>http://www.theshortsaledepartment.com/news/loan-origination-data-base-protects-consumers/</link>
         <description><![CDATA[Finally, there is a data base for those completing mortgage loan transactions.&#160; This new data base can be accessed by anyone wanting to know about their loan officer.&#160; This is a nation wide mortgage&#160; licensing system.&#160; The data base will detail any disciplinary actions of any loan officer for up to 10 years in the past.&#160; It includes aliases and searches all states for any disciplinary action in other jurisdictions.&#160; The data base is new, so, your loan officer may...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sun, 21 Mar 2010 11:48:00 +0200</pubDate>
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         <category>News</category>
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      <item>
         <title><![CDATA[Short Sale Tax Looked Over in California]]></title>
         <link>http://www.theshortsaledepartment.com/news/visitors-notice/</link>
         <description><![CDATA[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.&#160; Arnold Schwarzenegger has give the&#160; Californa legislature notice that they need to come to the table and come up with a bill that will allow Californai residents to not pay taxes on any capital gain from the sale of their home in a short sale situation.&#160; Currently, the legislature has a bill that they wanted the...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sat, 20 Mar 2010 23:57:00 +0200</pubDate>
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         <category>News</category>
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         <title><![CDATA[Well Fargo Signs Up for HAMP]]></title>
         <link>http://www.theshortsaledepartment.com/news/website-launched/</link>
         <description><![CDATA[Wells Fargo Bank has decided to sign up for the HAMP (Home Affordable Modification Program).&#160; This is a mortgage loan modification program offered under the Abama Administration, last year.&#160; This program is a goverment program which encourgages lenders to modify subordinate liens (2nd, 3rd trust deeds).&#160;&#160; The idea is to make the banks work with the subordinate lien holders&#160; to lower the payments on those subordinate liens as an overall package of lowering the payments...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sat, 20 Mar 2010 23:56:00 +0200</pubDate>
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         <title><![CDATA[Weekly Short Sale Webinar - Free!]]></title>
         <link>http://www.theshortsaledepartment.com/news/new-event/</link>
         <description><![CDATA[Free Online Webinar:
We have a weekly online webinar to educate the public at to the process of submitting a short sale package into the Wachovia short sale department.&#160; We detail the process needed to gain a successful short sale approval.&#160; We also go over the home listing process and offer you a free market analysis and property profile&#160;of your home.&#160;&#160;We discuss why a preliminary title&#160;report is critical to a successful short sale approval.&#160; We&#160;go over...<br />
WachoviaShortSaleDepartment.com - Providing the Wachovia and World Savings Short Sale Information and Resources.]]></description>
         <pubDate>Sat, 20 Mar 2010 23:56:00 +0200</pubDate>
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