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Do you need a shot of Non QM to get you over a Housing Crisis Hangover?

Do you need a shot of Non QM to get you over a Housing Crisis Hangover?

Maybe this is just what the doctor ordered.  Remnants from the crisis, such as a Short Sale, Foreclosure, or even possibly a bankruptcy, could still be holding you back.  Quality Mortgages (QM) defined is that square box of perfection that you m

Feb 20, 2018 | Short Sales foreclosure Specialized Forward Mortgages Non QM bankruptcy

Understanding the Complexity of a Property Short Sale

Many people think a short sale primarily consists of simply selling your home with a realtor as part of a lender sanctioned transaction.  Others may view a Short Sale as an opportunity to get out of a bad investment or difficult financial situation.&

Jun 08, 2015 | Short Sales Debt Mitigation forgiven mortgage debt mortgage debt forgiveness act Mortgage Deliquency

Home Equity at Risk!

During the brunt of the recent mortgage crisis, when lenders nationwide faced unprecedented levels of mortgage loan delinquency in short periods of time, it was common to see delinquent mortgages sit with no adverse lender action.  The lenders did no

Nov 11, 2014 | Short Sales forgiven mortgage debt solutions for underwater properties HECM Reverse Mortgage foreclosure

Are Banks Too Big To Fail or Too Big to Follow The Rules?

How should we feel about homeowners possibly not getting a fair shake with their lenders? I think we can all agree that it is pretty clear that underwater homeowners and those struggling to make their payments want to be treated fairly.  Here is wher

Mar 05, 2014 | Traditional Mortgage Short Sales Mortgage Loan Process

Where Does One Turn First Absent the Mortgage Debt Relief Act?

Many are beside themselves while others have expressed a sense of panic to me regarding the expiration of the Mortgage Debt Relief Act and their decision to do a short sale.  The law, or otherwise termed grossly generous entitlement, is over.  I

Feb 12, 2014 | Short Sales forgiven mortgage debt mortgage debt forgiveness act solutions for underwater properties mortgage debt relief act

The Mortgage Debt Relief Act Evaporates

At the stroke of midnight on 12-31-13, as we celebrated the New Year and listened to the historic hymn of Ole Lang Zine, the US Treasury vault door slammed shut. For those that could hear beneath the noise and celebration, the echo of “No more

Jan 15, 2014 | Short Sales Debt Mitigation mortgage debt forgiveness act solutions for underwater properties mortgage debt relief act

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