Sacramento Certified Short Sale Specialist Reports May Sacramento Short Sale Statistics
[caption id="attachment_2662" align="aligncenter" width="450" caption="Sacramento Placer and El Dorado County Short Sale Statistics For May '10"][/caption] The Short Sale Bottleneck Short Sale Statistics for the Greater Sacramento Area Including Placer County Short Sale Statistics, El Dorado County Short Sale Statistics and Sacramento County Short Sale Statistics for May 2010 The Banks Are Finally Saying Yes, But Short Sale Transactions Still Aren't Closing! 1 month 1 year 15 months Mar 10 Apr 10 % Change Apr 09 Apr 10 % Change Feb 09 Apr 10 % Change For Sale 6539 6792 3.9% 8507 6792 -20.2% 9852 6792 -31.1% Sold 2306 2033 -11.8% 2338 2033 -13% 2014 2033 0.9% Pended 3214 4305 33.9% 3292 4305 30.8% 2546 4305 69.1% Forth Hoyt's Sacramento Short Sale Center Mortgage troubles? I can help ... 916-316-3810 Short sale approval but no closed escrow? Even though they are getting approved, getting them closed...
Government Foreclosure Prevention Program Eligibility- Which Programs Do You Qualify For?
[caption id="attachment_2467" align="aligncenter" width="190" caption="HAFA and other Government Programs- Check Eligibility"][/caption] How do I do HAFA? What is the HAMP/ HAFA Program? What about the Second Lien Modification Program (2MP) Or Home Affordable Refinance Program (HARP)? CHECK YOUR ELIGIBILITY Forth Hoyt, Sacramento HAFA Certified Short Sale Agent And Expert Short Sale Negotiator Explains The Many New Government Anti Foreclosure, Government Loan Modification And Government Short Sale Programs There are a number of government anti foreclosure programs available to provide you with solutions. These government programs have been getting a lot of attention lately. Especially the HAFA government short sale program. See which homeowner options program below matches your situation best, and then take the survey to see if you are eligible for government programs. Can...
Sacramento County Short Sale Expert Report
Sacramento Short Sale Information And News [caption id="attachment_1688" align="aligncenter" width="300" caption="HAMP Report Card For February"][/caption] ADMINISTRATION RELEASES HAMP FEBRUARY LOAN MODIFICATION REPORT Number of permanent modifications increases by 45 percent WASHINGTON - The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today released February data for the Administration's Home Affordable Modification Program (HAMP). As of the end of the month, more than one million borrowers were receiving a median savings of $500 each month - a 36 percent median monthly payment decrease. Permanent modifications have been granted to 170,000 homeowners and an additional 91,800 permanent modifications have been approved by servicers and are pending only borrower acceptance. These are some troubling numbers... Only about 12% Success rate! Number of...
GAO’s Newest Report On TARP
[caption id="attachment_233" align="alignright" width="300" caption="Loan Modification Program Off To Slow, Shaky Start"][/caption] 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 Program (TARP) in a report that focuses on the Department of the Treasury’s (Treasury) efforts to establish its Home Affordable Modification Program (HAMP). The Entire Report Here: The first page of the report is an easy read that discusses the Treasury Actions Needed to Make The Home Affordable Modification Program More Transparent and Accountable. Here is the Report's Full Page, it gives a great overview of the report and it's findings: Under HAMP, Treasury will use up to $50 billion in TARP funds to (1) modify the first-lien mortgages of homeowners in...
GAO: Federal Loan Modifications Projections Overstated… HAMP Struggles
[caption id="attachment_229" align="alignright" width="250" caption="Loan Modifications Projections Were Way Overstated"][/caption] 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 Administration and the Treasury Department... the Home Affordable Modification Program is just getting off the ground and is struggling to get rolling. According to a story I saw today in DSNews: The Obama administration’s plan to modify unsustainable mortgages could fall short of its goal, according to a report released last week by congressional investigators at the Government Accountability Office (GAO). The watchdog agency said the administration’s projections of helping three to four million homeowners lower their monthly payments through the Home Affordable Modification Program (HAMP) “may be...
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