Tag Archives: foreclosure solutions

Agents Target Unlisted Foreclosures with more Success

Foreclosure

More than 8 in 10 real estate owned (REO) properties — 500,000-plus homes that could ease today’s sharp inventory shortage — are unlisted foreclosure, according to an estimate provided to Inman News by data aggregator RealtyTrac.     And more ...

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What Happens To Second Mortgage After Foreclosure On The First?

2nd mortgage

To collect the unpaid debt, a civil or deficiency judgment could be filed by the second mortgage lender. If he or she fails to recover entire loan balance after first mortgage foreclosure then he or she can issue a charge-off. ...

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Foreclosure prevention plan draws mixed reviews

Foreclosure solutions

The response by Denver experts to President Barack Obama’s foreclosure prevention program ran the gamut, with some deriding it and others praising it. Some also believed that it needs to be fine-tuned. In fact, the $275 billion housing program, announced ...

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