Short Sale News
Feds push short sales to help families - Allentown Morning Call 03/13/2010, 12:56 am
Feds push short sales to help familiesAllentown Morning CallThe new program offers money and other inducements to spur so-called short sales, in which banks forgive mortgage debt for people who can on. […]
Bank To Short Sellers: Prove You Can't Pay (CBS 5 Phoenix) 03/12/2010, 7:25 pmA growing number of Valley homeowners are being told by the bank they have to prove they cant pay before they can short sale their homes.
Need To Short Sale? You May Have To Miss A Payment (CBS 5 Phoenix) 03/12/2010, 4:55 pmA growing number of valley home owners are being told by the bank they have to prove they cant pay before they can short sale their homes.
Top 5: Portland condo prices down 30% in February from original list prices - OregonLive.com (blog) 03/12/2010, 11:40 amOregonLive.com (blog)Top 5: Portland condo prices down 30% in February from original list pricesOregonLive.com (blog)Federal program would pay homeowners, banks to encourage short sales: From the New. […]
Short sales become foreclosure alternative (Builder Magazine) 03/12/2010, 9:49 amThe short sale, a transaction in which the lender accepts less than the balance owed on the mortgage.
Finance and Banking (Mondaq) 03/12/2010, 7:31 amOn February 24, the SEC amended Regulation SHO to adopt a short sale-related circuit breaker that, if triggered, will impose a restriction on the prices at which securities may be sold short (hereafte. […]
Can I get a mortgage after a short sale? - LoanSafe 03/11/2010, 9:54 amFinance and CommerceCan I get a mortgage after a short sale?LoanSafeIf you recently had to sell your home as a short sale you might be wondering if it is possible to get another mortgage after a short. […]
New government program makes 'short sale' more appealing - WKYC-TV 03/11/2010, 4:37 amCredit.com NewsNew government program makes 'short sale' more appealingWKYC-TVBut, the short sale must take place on the person's primary residence. Only the first mortgage on the home applies. And th. […]
Will Fannie Mae, Freddie Mac Short Selling Help Underwater Homeowners In Obama ... - Red, White, and Blue Press (blog) 03/11/2010, 4:02 amUPI.comWill Fannie Mae, Freddie Mac Short Selling Help Underwater Homeowners In Obama ...Red, White, and Blue Press (blog)Offering homeowners the chance to short sell their home, if they could be forg. […]
Fewer foreclosures despite mortgage trouble - Press-Enterprise 03/10/2010, 9:42 pmLos Angeles TimesFewer foreclosures despite mortgage troublePress-EnterpriseNyiri noted that the federal government is shifting into gear a new program to encourage lenders to allow more short sales,. […]
Government to push lenders to do short sales - San Francisco Chronicle 03/09/2010, 11:24 pmPR Web (press release)Government to push lenders to do short salesSan Francisco Chronicle... on transactions known as short sales, in which a lender allows a homeowner to sell a house for less than, o. […]
(AFX UK Focus) 2010-03-09 22:27 UPDATE 1-U.S. SEC quells short sale prohibition rumor (Interactive Investor) 03/09/2010, 2:58 pmWASHINGTON, March 9 (Reuters) - U.S. securities regulators are not considering short sale restrictions on companies in which the U.S. government holds an interest, the Securities and Exchange Commissi. […]
US SEC quells short sale prohibition rumor - Reuters 03/09/2010, 2:16 pmUS SEC quells short sale prohibition rumorReuters"There is no truth to the rumor that we are considering restricting the short selling of stocks in which the government has a stake," said SEC spokesma. […]
Some differences explained between short sale, foreclosure (The Wickenburg Sun) 03/09/2010, 8:23 amIn our market today it’s hard to understand all the different terminology for homes being sold. What is a “short sale?” A short sale is a process when the lender of a property allows the propert. […]
A short sale after bankruptcy is iffy move (Bankrate.com via Yahoo! Finance) 03/09/2010, 3:00 amYou can do a short sale and file for bankruptcy, but the strategy is a minefield fraught with risks.