Background. In 2007 Congress passed the Mortgage Forgiveness Debt Relief Act. The gist of the law is that for those taxpayers who have had debt
[Note: This is the second in a two-part series in managing brokerage risk. In the first article [here] I discussed managing risk “from the top
This is the second installment of my article looking back over the past five years at Portland housing statistics. Part One examined the real reason
Background – 3Q 2007. Looking back, August 2007 was a memorable month, filled with good news and bad. Based upon RMLS™ numbers, it was a
OK, I admit it! I am suffering from chronic MERS fatigue. Every few days, in some part of the country, MERS gets sued by someone.
Question [Hardship Letters]. I am trying to do a short sale. The bank is asking me for a “hardship letter.” What is it they are
[Note: These are my opinions alone and are not meant to supersede or replace any company’s existing policy, which may differ for various reasons. Nor
Introduction. Recently there have been some anecdotal reports that real estate licensees, presumably with the knowledge and consent of sellers and buyers, have engaged in
“Some borrowers default because they no longer possess the ability to repay their mortgage loans. However, there is a group of borrowers who may continue
As a follow-up to my last post on difficult short sales (here), it occurs to me that I should mention the small, but persistent complaint
