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Monday, October 25, 2010

Moorpark, Ventura County, CA; Mortgage Refinancing For Underwater Homeowners–Can Mortgages With Negative Equity Be Refinanced?…… ALSO, HUD Secretary Demands Better Efforts at Loan Modifications


Moorpark, Ventura County, CA. Mortgage refinancing opportunities may be available for certain homeowners who have seen their property’s value decrease and are now in a situation where they have negative equity in their home. These underwater homeowners have been in situations where they are finding it difficult to meet their monthly mortgage payment as a result of the type of mortgage attached to their underwater home.

To read the entire article, please visit : http://www.rwbpress.com/2010/10/22/mortgage-refinancing-for-underwater-h…

HUD Secretary Donovan Also Demanded Better Efforts at Loan Modifications

To the extent that there’s anything to be encouraged about by the Administration’s response to the foreclosure mess, it’s that Shaun Donovan publicly stated that loan servicers were violating FHA standards by failing to offer affordable modifications to borrowers before foreclosing on them. That would be a sea change from the current position, which through HAMP basically puts the modifications in the hands of the servicers. Some borrowers who have been through HAMP and were denied have filed suit against many of these servicers, and the banks’ explanation for this is very telling.

To read the entire article, please visit : http://news.firedoglake.com/2010/10/21/hud-secretary-donovan-also-demand…

Thinking about a loan modification? Our Ventura County Loan Modification Kit has the instructions you will need to get a loan modification approved with your lender. Click here to request a copy.

Nation’s Biggest Banks Each Hold over $20B in Foreclosures: Report

New data released this week shows that the nation’s largest banks are holding monstrous volumes of soured home loans. Not only has the housing crisis left major lenders knee-deep in an ocean of non-performers, but added exposure to early delinquencies means they could sink even deeper.

To read the entire article, please visit ; http://www.dsnews.com/articles/nations-biggest-banks-each-hold-more-than-20b-in-foreclosures-report-2010-10-22

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail. If you prefer, then you can call me at 805-208-0823.

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.


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Thanks for reading this,

Chris B Johnson.
Chris is a Real Estate Agent at Prudential California Realty.
Phone: 805-208-0823. cjohnson@prucalhomes.com.
Certified HAFA Specialist, Certified Short Sale Specialist
View My homes for sale at www.ChrisBJohnsonRealtor.com.

Chris B Johnson specializes in providing HAFA Loan Modification and short sales help, Short Sales in Moorpark, Short Sales in Thousand Oaks, Short Sales in Westlake Village, Short Sales in Newbury Park, Short Sales in Camarillo, Short Sales in Santa Rosa Valley, Short Sales in Somis, Short Sales in Lake Sherwood, and Short Sales in Simi Valley California. Moorpark Loan Modification Help, Thousand Oaks Loan Modification Help, Westlake Village Loan Modification Help , Newbury Park Loan Modification Help, Camarillo Loan Modification Help, Santa Rosa Valley Loan Modification Help, Somis Loan Modification Help, Lake Sherwood Loan Modification Help, and Simi Valley Loan Modification Help, Moorpark short sales , Thousand Oaks short sales, Westlake Village short sales, Newbury Park short sales , Camarillo short sales, Santa Rosa Valley short sales, Somis short sales, Lake Sherwood short sales, and Simi Valley short sales. Moorpark Short Sale Realtor, Moorpark Short Sale Realtors, Short Sale Realtor. Ventura County CA Short Sales. Ventura County Realtor, Certified HAFA Specialist, Moorpark Short Sale Realtor, Thousand Oaks Short Sale Realtor, Westlake Village Short Sale Realtor, Newbury Park Short Sale Realtor, Camarillo Short Sale Realtor, Simi Valley Short Sale Realtor, Moorpark CA Short Sales, Thousand Oaks CA Short Sales, Westlake Village CA Short Sales, Newbury Park CA Short Sales, Camarillo CA Short Sales, Simi Valley CA Short Sales, Certified Home Affordable Foreclosure Alternative Specialist, HAFA, HAMP. CA. DRE 10501699.You can find Ventura County Short Sale Realtor at 587 W. Los Angeles Avenue, Moorpark, CA. 93021, also providing loan modification assistance and short sales in Ventura County California. Ventura County Loan Modification Help, Ventura County short sales. Ventura County Short Sale Realtor Short Sale Realtor. Ventura County CA Short Sales. Ventura County Realtor.

Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Johnson’s personal views and do not reflect the views of Prudential California Realty. This information on why did this short sale fail is provided as a courtesy to our viewers to help them make informed decisions.

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