Have you been wondering how short sales and foreclosures differ when it comes to affecting your credit score?  Check out this informative link: http://bankinganalyticsblog.fico.com/2011/03/research-looks-at-how-mortgage-delinquencies-affect-scores.html

The foreclosure rate is expected to get worse in 2011 before it gets any better, but while a new bill, meant to improve the short sale process, is being reviewed by Congress, new hope is on the horizon.  The bill, “Prompt Decision for Qualification of Short Sale Act of 2011″, was presented earlier this month by [...]

Great news for short sale agents and brokers!  The California Association of Realtors, in partnership with Fannie Mae, have set up an “assistance desk” for short sale specialists and buyers dealing with loans that are backed by Fannie Mae. “The Fannie Mae Short Sale Assistance Desk (“Assistance Desk”) provides brokers and agents the ability to [...]