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We are excited about our partnership with REDX and their new pre-foreclosure/foreclosure lead service! REDX is offering CDPE members an exclusive 14-day trial of REDX Foreclosure which includes the REDX Lead Manager software. Because of tremendous demand REDX accelerated the release of several more counties to its lead service within the last 24 hours. Call [...]
The Treasury Department is offering a free online calculator that helps borrowers estimate whether or not they qualify for the Home Affordable Modification Program ( HAMP). The calculator is available at checkmynpv.com. In the two years since its launch, HAMP has helped more than 270,000 borrowers receive permanent loan modification, thus lowering their monthly mortgage [...]
NAR reported a 2.2 percent decline in its existing-home sales estimate for 2010 to 4.43 million, down from 4.53 million in September. This represents a 26 percent decrease from 2009, which was one of the worst years in U.S. real estate history. However, total housing inventory at the end of October fell slightly to 3.86 [...]
Ally Financial (GMAC’s mortgage unit) has lifted their temporary foreclosure freeze, joining Bank of America in proceeding with the foreclosure processes in the 23 states requiring judicial review. While Bank of America maintains their moratorium in the non-judicial states, Ally is now continuing the foreclosure process for its entire non-performing portfolio, and expects that individual [...]
Have you ever been dealing with a tough customer on the phone and said something that suddenly made the conversation not only easier, but friendly and fruitful? Florida CDPE Ed Macias had this experience recently during a conversation with a loss mitigation consultant handling a short sale he was working on. Here’s how it went: [...]
Back in January we started a project with Austin Habitat for Humanity. After countless volunteer hours and a few bruised thumbs, a brand new house will become the home of a very deserving Austinite. The Habitat for Humanity build is complete! We have nothing but respect for the Habitat for Humanity organization. Not only because [...]
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