ALTA pushes for title insurance requirement within QM definition – HousingWire

Monday, July 25th, 2011, 5:05 pm As the debate continues over what should constitute a qualified mortgage in the lending process, the American Land Title Association is urging the Federal Reserve Board to require the inclusion of title insurance in the final draft of the qualified mortgage standard. The qualified mortgage requirement, which is part [...]

Home Loan Modification and Companies Offering this Service: Buyer Beware

Yesterday was a hard day for me, I have to admit.  I get frustrated watching people get ripped off.  I had two people call the office, both behind on their mortgage and facing foreclosure.  Both had forked over money to some company, $1,500 and $1,000, to have these fly by night used car/solar sales/Amway wannabees [...]

Short Sale hits the Luxury Market | South Jersey Short Sale Attorney

Contact Mr. Schroeder if you are facing possible foreclosure action against your home or are considering a short sale. Real Estate agents cannot advise you of the legalities regarding entering a contract to sell real estate. Protect your rights by speaking to a real estate attorney. Short Sale hits the Luxury Market Posted by admin [...]

Will lenders consider a short sale when the seller isn’t in default? | South Jersey Short Sale Attorney

Contact Mr. Schroeder if you are facing possible foreclosure action against your home or are considering a short sale. Real Estate agents cannot advise you of the legalities regarding entering a contract to sell real estate. Protect your rights by speaking to a real estate attorney. Will lenders consider a short sale when the seller [...]

Why They Are Saying to Buy A Home Now

by The KCM Crew on June 14, 2011 Despite what appears to be a non-stop wave of tough news regarding real estate, four major media players have come out this month with the same advice: It Is Time to Buy a Home! Here are the four articles and a breakdown as to why the advice [...]

Shiller sees scope for further home price declines up to 25%

Thursday, June 9th, 2011, 10:50 am While other people expect home prices to bounce along the bottom for a while without going up much, Robert Shiller is inclined to be more pessimistic. There is room for home prices to decline another 10% to 25% in real terms over the next five years, according to Shiller. [...]

Home Prices: Even More Confusion

KCM Crew on June 10, 2011 We attempt to keep you abreast of the housing market. When will demand for housing return to historic averages? What impact will foreclosures continue to have? Where are interest rates headed? There are no simple answers to any of these questions. However, the most difficult question to answer seems [...]

Administration finds Bank of America, J.P. Morgan Chase, Ocwen Loan Servicing, Wells Fargo in Need of Substantial Improvement under Making Home Affordable Program; Begins Withholding Financial Incentives for Three Servicers

WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the May edition of the Obama Administration’s Housing Scorecard. New to this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Administration’s Making Home Affordable Program, setting a new industry benchmark [...]

Does Your Lender WANT To Say “Yes!”?

by Dean Hartman on June 9, 2011   As people go through the mortgage process today, I believe that they wonder if their lender has gone insane. Lenders ask for documentation repeatedly, constantly updating, asking for further clarification and explanation for everything. Income, credit, assets and appraisals are scrutinized at a level unseen in my [...]

Custom Homes Photos Local Schools Home Courtesy: Wagner Real Estate Group Keller Williams Realty Atlantic Shore 609-432-8025 mawagner@kw.com 901-02 Stepping Stone Lane Galloway Township, NJ 08205 Bedrooms: 4 Bathrooms:2Full / 1 Half List Price: $499900 The picture is an example of the custom homes that are built by NY quality custom builders. They are to [...]