Escape My Home

Three different ways to sell your house

Tyler Combs — Thu, 17 Mar 2011 02:28:20 +0000

When someone is looking to sell a house, they usually look for a real estate...

Treasury Department defends against abolishing HAMP

Tyler Combs — Thu, 17 Mar 2011 02:09:49 +0000

The US Treasury department lays out their defense of the HAMP programs, including a New...

Foreclosure Options

Learning Center — Wed, 16 Feb 2011 02:17:02 +0000

Through no fault of homeowners, people have seen their greatest asset decrease in value tremendously.

Delinquent residential mortgages on the decline: LPS

KERRY CURRY — Fri, 21 Jan 2011 21:29:46 +0000

Lender Processing Services (LPS: 32.25 -0.80%) said the delinquency rate for December on residential mortgage loans that are 30 or more days past due but not in foreclosure stands at 8.83%, a year-over-year decline of nearly 18%. Compared to November, ...

Bank of America to resume foreclosure sales in judicial states during 1Q

JON PRIOR — Fri, 21 Jan 2011 18:36:08 +0000

Bank of America (BAC: 14.31 -1.58%) said in its financial supplement Friday it resumed foreclosure sales in most states that have a nonjudicial process, but the bank won't restart sales in judicial states until sometime in the first quarter. The b...

FSBO Tip: How to price your house to sell

Tyler Combs — Fri, 21 Jan 2011 08:21:05 +0000

Learn how to set your price right to sell your house within the time frame you need.

Fannie Mae gives Maryland foreclosure attorneys a raise

JON PRIOR — Fri, 21 Jan 2011 04:42:15 +0000

Fannie Mae will increase the maximum allowable fee servicers can pay Maryland foreclosure attorneys to $1,300 from $950 for mortgage loans referred to them on or after Feb. 1. The fee change applies to whole mortgage loans, participating pool mortgages...

REO Allegiance promotes Levine to COO

CHRISTINE RICCIARDI — Fri, 21 Jan 2011 04:37:23 +0000

REO Allegiance named Moe Levine chief operating officer of the property preservation firm. He has been with REO Allegiance for five years and was previously the director of corporate services. In his new position, Levine oversees the implementation of ...

Fannie Mae delays foreclosures 45 days for Hardest Hit Fund programs

JON PRIOR — Thu, 20 Jan 2011 22:42:43 +0000

Fannie Mae directed its mortgage servicers to delay scheduled foreclosure sales 45 days for borrowers that have been approved for assistance through the Hardest Hit Fund. In June, the Obama administration approved $1.5 billion in foreclosure-prevention...

Fighting MERS could lead to credit card rates for mortgages

JON PRIOR — Thu, 20 Jan 2011 03:41:19 +0000

[Update 1: Aristar Funding Corp. comment] If local governments succeed in the fight against how banks have recorded the transfer of mortgage notes through the Mortgage Electronic Registration Systems, home loans could become as expensive as credit card...