Posts tagged as:

help for homeowners in distress

Banks Finally Making Progress with Short Sales

by Rodney Forbes on December 8, 2009

If 2009 will be known as the year of the bank merger, 2010 may well be known as the year of the short sale. Now that banks are emerging from the rubble of the real estate and banking meltdown, they’re finally starting to get serious about getting rid of their foreclosures and approving short sales. […]

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Here is the latest news from the Treasury Department regarding streamlined procedures for homeowners in distress, whether it be a loan modification or a short sale. Separately on Monday, Treasury and the Department of Housing and Urban Development (HUD) kicked off a program intended to help convert as many of the 375,000 borrowers who have […]

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