Category Archives: Foreclosures
Update on Deficiency Judgments
An update on deficiency judgments in the state of Missouri.
Will Banks Start Playing Hardball With Foreclosures?
Explanation of deficiency judgments in the foreclosure process.
FHA Gets Serious About Dealing With Foreclosures
Most home buyers don’t know what many investor buyers have faced for years: the requirement from FHA that a house be “held” by an investor for 90 days before being resold. For an investor who wants to buy a foreclosed property, fix it, then resell it or “flip” it, this requirement adds thousands of dollars [...]
Real Hope for Underwater Homeowners
Business Week reports that lenders are sometimes reducing the principal of a mortgage when doing a loan modification.