No matter what happens with the economy, interest rates and house prices, the next few years we will continue to see both foreclosures and short sales. From an owner's perspective, a short sale will often do less damage to their credit than a foreclosure - though in many cases the damage can be almost equal. ...
Fellow local blogger and awesome mortgage broker Alex Stenback has a great post explaining how few people are being helped by the Marking Home Affordable program, which has only helped 93,000 borrowers so far when original estimates suggested up to 7 million could be helped.If we could do more successful loan ...
Hennepin County has published one of their foreclosure prevention seminars online and includes information on the foreclosure process and providers that can help you. The class is a great resource for anyone in a potential foreclosure situation. Don't be taken advantage of or lose choices by not learning more about your options.
Reposted most recent newsletter... hope people in need will use it. Sorry about the formatting but the newsletter has some horrible markup.