Archive for December, 2009

29 Dec

Stop Foreclosures?

The angst for Sacramentans wrestling with the decision of Short Sale VS. Foreclosure is becoming more widespread by the day. Sacramento which is one of the cities near the top of the list nationwide for foreclosures has become ground zero for what is happening around the country.
Sacramentans are meeting with professionals who are suppose to [...]

Posted in my opinion by: michelle
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07 Dec

Treasury Sees Short Sales as Key to Slowing Foreclosures

December 6, 2009 by  
Now fueled to a growing degree by prime borrowers, the foreclosure crisis is not abating, and U.S. Treasury officials are hoping new incentives will accelerate short sales and other alternatives to rescue homeowners.
Starting on April 30, amendments to the government’s Home Affordable Modification Program (HAMP) will offer new incentives to lenders to accelerate [...]

Posted in perspective by: michelle
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