Realty Biz
MARCH 21, 2024
If you’re struggling financially and unable to pay your bills, you may have considered filing for bankruptcy. Filing for bankruptcy gives you a fresh start, but it stays on your credit report for up to 10 years — resulting in consequences for years to come. Instead, you can focus on one.
Housing Wire
DECEMBER 27, 2022
The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. Other smaller lenders, including real estate tech startup Reali and Sprout Mortgage , shuttered, while First Guaranty Mortgage Corp filed for Chapter 11 bankruptcy. over asking price. High octane stuff.
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Housing Wire
JULY 22, 2022
FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Real estate agents and their clients also received no advance warning and multiple deals fell through as a result, sources told HousingWire. Non-QM lender First Guaranty Mortgage Corp.
The Close
JANUARY 20, 2023
Wholesale real estate investing is a good choice if you’re looking for short-term opportunities to break into the investing industry by leveraging your existing skills as an agent. Many novice investors think they can just contact a local agent and select from the properties that are available in the MLS.
CT Homes
FEBRUARY 3, 2022
Between loan modification or principal reduction, most lenders would much rather you stay in your home than go into foreclosure. This is essentially the lender agreeing to accept less than the principal amount owed. For a homeowner the stain of a short sale is less than a foreclosure or bankruptcy.
C4D Crew
JULY 9, 2020
According to Veronica Baxter, an established legal assistant to Philadelphia Bankruptcy Attorney David Offen says,” “Under federal law, a lender or servicer cannot begin the state foreclosure process until your loan is more than 120 days past due. Am I eligible for forbearance, loan modification, or any other mortgage relief?
Broke Agent Media
JUNE 2, 2023
Dr. Anju Vajja Principal Associate Director in FHFA’s Division of Research and Statistics HousingWire’s Logan Mohtashami explained why this is happening in a recent article while debunking some popular myths about inventory. For industry news, edutainment, and humor, sign up for the best newsletter on the planet for real estate agents.
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