HAMP is expiring but do not despair

Step Aside HAMP, There’s a New Kid in Town With the Home Affordable Modification Program (HAMP) set to expire in less than three weeks, Fannie Mae has designed a foreclosure prevention program, Flex Modification, to help America’s families by offering reductions to their monthly mortgage payments. According to the announcement Wednesday, from the GSE, this … Continue reading HAMP is expiring but do not despair

Low Foreclosures in Inland Empire

FORECLOSURES: 5 reasons for Inland celebration From Press-Enterprise 1/15/15 Inland Southern California once the epicenter of the housing crisis is now at pre-recession levels. Inland Southern California, once the epicenter of the housing crisis, is now back at pre-recession levels. That’s a great reason to let loose with a homeowners’ “huzzah!” “It’s good news,” said … Continue reading Low Foreclosures in Inland Empire

The states with the highest foreclosure rates

*spoiler alert California is not on the list* From MSN Money September 2014 The States With the Highest Foreclosure Rates U.S. foreclosure activity declined in September, reaching the lowest number of properties with a foreclosure filing since July 2006: 106,866. That’s down 9% from August and down 19% from last September, according to the monthly … Continue reading The states with the highest foreclosure rates