Servicers Can Modify Current Loans, Fannie Mae Says Fannie Mae making it easier to spend half your income on debt – It said the change will increase the percentage of loans it approves, but it would not say by how much. That doesn’t mean every Fannie-backed loan can go up 50 percent. the Net Worth column in The.BofA completes more short sales than REO for last 18 months Bank of America Cooperative Short Sale Program | Realtor. – · In Q210, BofA completed more than 25,000 short sales, almost three times the amount done in the same quarter last year. Roughly 90% of the short sales are performed on the Equator platform, and Vernon said by the end of the year, the entire short sale business will be.
Who knew San Jose home prices could go down? How'd that. – Santa Clara County was part of the trend, with the month-to-month difference in the median sales price falling 3.3 percent to $1.112 million from June’s $1.15 million.
Santa Clara Co. Median Home Sale Price Reaches All-Time High. – The $735,000 median price in June was up 7.5 percent from June 2016 when the median price was $683,750. Santa Clara County’s median home sale price of $965,000 in June was a 12.2-percent increase.
Santa Clara County home prices shoot up a third, even as more deals close – Santa Clara County’s notoriously tight housing market loosened a bit in March but far from enough to slow the rapid rise in home prices. Property information database CoreLogic reported Monday that.
FDIC Warns Banks on HELOC Freezes, REO Management Austrian banker Kohn key to Madoff crimes The deal was struck with Dublin-based Thema International Fund, part of a web of offshore entities linked to Austrian banker Sonja Kohn, an old friend of Madoff’s, and the Benbassat family of.The following section presents information to assess the financial condition and results of operations. the wealth management department and a wide variety of consumer loan products, including.Initial thoughts: Did the CFPB successfully update TRID? Bear Stearns Makes $1 Billion Bet on Continued Subprime Woes Bank of America analyst Michael Hecht said Bear’s smaller bonus pool could lead to attrition and hinder a strong rebound. Bear Stearns said it took a $1.9 billion. s subprime mortgage woes. He.