Get all your questions answered. Starting the month of March, Angel Lynn will be hosting homeowner awareness classes in Sacramento. Learn about how to avoid Foreclosure, what is Short Sale and how you can modify your loan. Classes will be held at 1913 Capitol Ave. Suite C, Sacramento. Come get your questions answered about what is going on in the market. What to expect and how to protect your family. Please call our office to reserve your seat. 916 443-1445.

You won’t believe the sweetheart deal that the Indymac boys were given by the FDIC.

As terrible as it is to lose your house to foreclosure, at least it’s a relief to put your biggest financial headache behind you, right? Wrong. Former homeowners may still be on the hook if there’s a difference between what they owed on their mortgage and what the bank could sell it for at auction. [...]

Per the NEW YORK (Reuters) – The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed “short sales” of homes and other loan modification alternatives to stem a rising tide of foreclosures. The Home Affordable Foreclosure Alternatives Program providesfinancial incentives and simplifies the procedures for completing short sales, a growing [...]

Short sales appear on your credit report as “pre-foreclosure in redemption”, sometimes it will show “settlement paid infull”, not as “debt discharged due to foreclosure”