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Archive for the ‘Short Sale News’ Category

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22 May 2013

Short Sales Becoming More Popular

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More and more homeowners are realizing a short sale is a better alternative to foreclosure and less damaging (more…)

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23 Apr 2013

Should You Short Sale Your House?

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Are you thinking about a short sale? Wondering if you qualify? A short sale is the process through (more…)

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02 Apr 2013

Bank of America Transferring Many of Its Loans Causing Confusion for Customers

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Bank of America is selling off many of its mortgages. In an effort to streamline the company and (more…)

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20 Mar 2013

FHFA Announces New Short Sale Guidelines

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Acting Director of the Federal Housing Finance Agency (FHFA) Edward J. DeMarco announced new, clear guidelines for short (more…)

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04 Mar 2013

Short Sales To Get Easier for Homeowners in the Military

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Members of the military who receive orders to relocate will now be able to do a short sale (more…)

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26 Feb 2013

Bank of America Outsourcing Short Sales

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Bank of America is now selling off millions of its mortgages and is no longer reviewing most short (more…)

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03 Jan 2013

2007 Mortgage Relief Act Gets Extended for One More Year

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President Obama signed The American Taxpayer Relief Act of 2012 (Sec. 202) into law today which extends the Mortgage Forgiveness (more…)

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18 Dec 2012

McGeough Lamacchia Negotiates Over $100 Million in Total Mortgage Debt Forgiveness for Short Sale Clients

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Today we’re pleased to announce we’ve successfully negotiated just over $100 million so far in total mortgage debt (more…)

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10 Dec 2012

Fannie Mae Announces Updates to Short Sale and Deed-in-Lieu of Foreclosure Guidelines

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Fannie Mae announced new guidelines for short sales and the deed-in-lieu of foreclosure process last month as part (more…)

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04 Dec 2012

Mortgage Settlement Not Funding as Many Loan Modifications as Expected

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Back in February the federal government and 49 state attorneys general announced the nation’s five largest mortgage servicers, (more…)

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