Forth Hoyt

August 4, 2009

White House Sends First Pre-Foreclosure/Loan Mod Report Card

Program was designed to help 4 Million Homeowners… Bank of America and Wells Fargo both got very low marks on the Obama administration’s first monthly report […]
July 28, 2009

FAQ’S

Over time we’ve collected the questions we are most frequently asked by clients who were considering the short sale of their property. Some of these questions […]
July 28, 2009

Another GAO Report: Recent Performance of Nonprime Loans Highlights the Potential for Additional Foreclosures

  Recent Performance of Nonprime Loans Highlights the Potential for Additional Foreclosures  See The entire Report Here: Chair Maloney and Members of the Joint Committee: I […]
July 28, 2009

The GAO Latest Report: Characteristics and Performance of Nonprime Mortgages

 See the entire report here Characteristics and Performance of Nonprime Mortgages During the first part of this decade, the number of mortgage originations grew rapidly, particularly […]
July 27, 2009

GAO’s Newest Report On TARP

  In another (this is the sixth) report to congress, the GAO (United States Government Accountability Office) has made new recommendations to the Troubled Asset Relief […]
July 27, 2009

GAO: Federal Loan Modifications Projections Overstated… HAMP Struggles

It seems that a lot of the good news about  loan modifications lately have been not based on real numbers, but on assumptions made by the Obama […]
July 24, 2009

Free Foreclosure Avoidance Counseling

Foreclosure Advice From a Sacramento Short Sale Specialist  Homeowners: where do you go for foreclosure advice? Go to someone you trust, find a reputable and highly trained […]
July 20, 2009

Loan Modification Scams Are Not Just A California Problem

Prosecutors nationwide filed 189 legal actions The Week of July 12 against loan modification consultants accused of bilking homeowners who are desperate to make their mortgage payments more […]
July 20, 2009

FTC and California Attorney Gen. Publish Tips to Avid Modification Scams

Authorities publish tips to avoid loan  modification scams; It’s not just happening here in California! Trying to get to homeowners before scam artists; FTC and local and state […]
July 1, 2009

Loan Modifications Way Up With A Dramatic Increase In Prime Borrowers Going Seriously Delinquent

Loan Modifications and workouts have More than doubled in the past year! But they are being driven by more prime borrowers going delinquent. It has always […]
June 30, 2009

Loan Modification: Be Carefull! Don’t Pay Until You Close!

I talk to people almost daily all across the Sacramento area who have paid for a Loan Modification with absolutely nothing to show for the money […]
June 30, 2009

California’s Latest Foreclosure Moratorium May Not Make Much Difference…

    Will the latest Foreclosure Moratorium make much of a difference in the long run? Will it give more options to Sacramento Area Homeowners? With […]
May 17, 2009
California Short Sales

Obama’s Home Affordable Modification Program Will Be Good for Short Sales!

Freddie Mac and Fannie Mae’s Home Affordable Modification program is Good News for Short Sales. The Home Affordable Modification Program is a key part of the […]
May 16, 2009

“The Pain Will Not Go Away Until Foreclosures Subside.”

President Obama’s   plan to help millions of troubled homeowners stay out foreclosure by modifying mortgage payments is just getting off to a slow start. “It prolongs […]
May 13, 2009

Foreclosure Options FAQ’s for Real Estate Short Sales

  What is a short sale?  The Preliminary Basics: Defaulting on mortgage payments can be a difficult situation. Many people find themselves falling into default, or […]
May 13, 2009

Sacramento County Foreclosure Sales Rise 21 Percent

So the Sacremento foreclosure numbers for April have recently been relased, and it only confirms what we in the real estate business have been saying for […]
May 12, 2009

Sacramento Short Sales; The New REO?

Sacramento Short Sale Specialist Reports Sacramento Short Sales Increase! As the Sacramento area real estate market continues to increase in volume and gain momentum, buyers entering […]
May 12, 2009

Newest Defaults Cause Concern over Californias Recovery

          By Jim Wasserman [email protected] Published: Thursday, Apr. 23, 2009 – 12:00 am | Page 9B We’re going to find out now […]
May 12, 2009

Almost 24,000 Homes in Sacramento Area Are Vacant

  Nearly four years into California’s housing downturn, close to 24,000 Sacramento-area homes and apartments are vacant, a number that climbed 40 percent in the past […]
May 12, 2009

March 12, 2009 CALIFORNIA FORECLOSURE REPORT

California’s Average Negative Equity at Foreclosure Exceeds $200,000 Notices of Default and Properties Sold at Auction Continue to Rise in February Discovery Bay, CA, March 12, […]