Tag Archives: short sales

Servicers Increase Mods and Short Sales in Q3: HOPE NOW

Posted on November 6, 2012 by The Agency Florida

In the third quarter of this year, servicers increased the pace at which they completed proprietary modifications and short sales , HOPE NOW data revealed Monday. In Q3 2012, proprietary modifications, or non-government mods, stood at 186,057 compared to 161,764 … Continue reading →

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Short Sale Relief at Risk?

Posted on October 5, 2012 by The Agency Florida

Short sales are growing in popularity, but that may soon change. The “Mortgage Forgiveness Debt Relief Act and Debt Cancellation” is expiring at the end of the year, which could make more home owners think twice about doing a short … Continue reading →

Posted in Distressed Properties, Mortgage & Finance, Real Estate News, Short Sales | Tagged , , , , , , , , , , , , , | Leave a comment

Shadow Inventory Threat Lessens

Posted on September 26, 2012 by The Agency Florida

The shadow inventory of troubled mortgages and foreclosed homes saw a 1.2 million decrease in the first half of the year, according to research conducted by JPMorgan Chase. Chase researchers expect that progress to double before the year’s end, too. … Continue reading →

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Forget Foreclosures, How About ‘Normal’ Home Sales?

Posted on August 15, 2012 by The Agency Florida

While much of the focus the last few years has been on foreclosures and short sales, some experts say it’s caused some to overlook what’s been happening lately with nondistressed sales. Some housing surveys have recently shown that when distressed … Continue reading →

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