Pam and Trish specialize in Fleming Island Real Estate, Orange Park Real Estate, Green Cove Springs Real Estate and Middleburg Real Estate, short sales
(Pre Foreclosures) and Fleming Island foreclosures.
CoreLogic, Irvine, California, released a new update on mortgage fraud data for the second quarter, and the results show that suspicious activity involving short sales
remains a concern.
22) greatly raising the offsetting quota for margin trading and short sales
by increasing the ceiling for margin trading by 50%, so as to encourage in vestors buying stocks and boost the trading volume of the stock market.
mortgage funder Freddie Mac (OTC: FMCC) said it is streamlining its policies and processes so all Freddie Mac servicers can approve short sales
for borrowers facing sudden financial stress due to divorce, death, disability or other common hardships on their own authority.
HISTORICALLY, short sales
have a bad reputation among homeowners and the real estate community and, in many ways, this negative perception has grown during today's down economy along with feelings of frustration and loss.
are becoming more and more common in expensive areas as Long Island luxury homeowners try to escape the embarrassment of a foreclosure, the New York Times reported.
Equator (EQ), Los Angeles, one of the country's leading software provider of default servicing solutions, has announced that over $100 billion in assets have been sold through its platform since 2003, and more than 500,000 short sales
have been initiated since its launch of the industry's first comprehensive automated short sale
solution last year.
When Denver Realtor Kelli Paddilla decided to start specializing in short sales
in 2005, she had to fly to California to attend short-sale seminars because, she says, none were offered in Colorado.
have rapidly become a popular alternative to foreclosures.
and the other two stock lenders have unwittingly encouraged brokerages and other investors to sell shares short by not charging fees when a borrower lends shares meant for short sales
Even though this is still possible, from an economic perspective, short sales
against the box designed to avoid constructive sale treatment have now become risky transactions.
Such newspapers as Investor's Business Daily or Barron's track short sales
in two ways.