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All Posts Tagged Tag: ‘Fannie Mae’

Is the Housing Recovery for Real in Daytona Beach, Florida

Dpc

Is supply Raising Demand? For months, I have mentioned in passing the potential impact the so-called “shadow” inventory might have on the housing recovery and residential investors in general. While everyone knew this inventory, comprised of homes with loans more than 90 days past due that have not been foreclosed and upon and are not on the market, existed, it …

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Short Sale Valuations Impact Housing Market in Daytona Beach, Florida

Fdmc

New Policies from the GSE’s Speed up Short Sales in Daytona Beach, Florida Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the Realtors Midyear Legislative Meetings &Trade Expo here.   Short sales continue to represent a …

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Can Fannie Mae or Freddie Mac Buy Your Loan?

Cfpb

Ask the Consumer Financial Protection Bureau! In January, the Consumer Financial Protection Bureau (CFPB) issued a final rule implementing the “ability to repay” provisions of Dodd-Frank, including certain protections from liability for loans that meet the criteria of a qualified mortgage as outlined in the rule.Beginning January 10, 2014, Fannie Mae and Freddie Mac will no longer purchase a loan that …

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Action Alert! Fast Tracking Foreclosures!

Noticeofdefault

This gives the definition of “Fast Tracking” a brand new meaning for a state that is leading the way in new foreclosure filings! A bill passed last week by the Florida legislature offers efficiencies and advantages to banks that may launch a major increase in foreclosures in the state known for its volatile real estate market.  The only thing standing …

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Freddie Mac Fails Taxpayers and Homeowners…Again

OIG

Foreclosures in Daytona Beach, Florida Office of the Inspectors General  The OIG recommends that FHFA ensure that Freddie Mac requires it’s service rs to report, timely resolve, and accurately categorize escalated cases; second, that FHFA ensure that Freddie Mac enhances it’s oversight of it’s servicers through testing servicer performance and establishing fines for noncompliance; and third that FHFA improve it’s …

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40% of Daytona Beach, Florida Housing Still Under Water!

FL Foreclosure

Distressed Property Coalition Weekly Update: “The Publication of Record for Distressed Property Professionals” Weekly Update: March 11th, 2013 Turning the Page on Fannie and Freddie Last week at the National Association for Business Economics convention, acting FHFA Director Edward J. DeMarco delivered the most important speech on the housing market since the crisis. DeMarco began with a sobering assessment of …

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Distressed Sales Make Up 43% of Home Sales in 2012:

Floridaforeclosures

  Foreclosure-related sales are on the decline but distressed sales continue to claim a “disproportionately high portion” of total home sales across the country, according to RealtyTrac’s most recent foreclosure and short sales report. The firm also found increases in prices for distressed properties in 2012. Read More

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Fannie Mae Dictating MLS Rules?

Fdmc

Are you an Agent? Check out this post from Attorney Ron Ballard

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Are you facing Imminent Default?

Stopforeclosure Specialreport1

Are you facing foreclosure? Imminent Default? You do have Options! Inside this report you will find 10 powerful strategies for stopping a foreclosure in 48 hours or less. We will discuss 7 options for keeping the home and 3 options when keeping the home is not possible. Be sure to read through each strategy to see which one best applies …

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Is Short Sale Flipping Illegal?

FL Foreclosure

How the DPC is effecting change on a Congressional Level For those of you who are unaware. The Distressed Property Coalition is a private advocacy effort dedicated to private market solutions, smaller government, and protecting taxpayers. DPC educates and advocates in support of policies consistent with these goals to achieve a private market solution to the housing crisis. Representing the …

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