Sunday, March 30, 2008

Second Mortgage Subordinate to an FHA first

You will need to have the second mortgage execute a subordination agreement to refinance the first fha. The helpful part is that the second mortgage can be in outer space and the fha first mortgage can be within fha lending limits for teh county. The homeowner will have a lower payment after the refinance of the old first to a new fha with the second subordinating at a CLTV that is higher than 100% CLTV.

Two improtant fha rules to consider are the fha refinancing above 100% and the CLTV limit FHA with a second mortgage.

More infor on CLTV FHA MAX

Saturday, March 29, 2008

Mortgage Websites a Template

I was talking to Rob about getting a mortgage loan and he said check out my mortgage website rob loans at WWW.ROBLOANS.COM

The funny part is that after rob said that I went to rebs mortgage and he said no that WWW.ROBSMORTGAGE.COM is not rob loans. It is robs mortgage loans dot com. Then i went on my day without a mortgage from Rob that day.

Next day I went to Rome and said roma do you have a mortgage loan for me? Roma said I should go to WWW.ROMALOANS.COM and then I said is that roma or roma loans and ronald spoke up and said go to WWW.RONALDSLOANS.COM Thsi was strange becuase I was talking to roma and ronald spoke up and said ronald loans is different than rondaloans and ronda said no go to WWW.RONDALOANS.COM

By now I was confused about mortgage loans and mortgage domains and websites with mortgage loan in the site and I asked rosalee what website she had. Of course she said go to rosalees loans or rosalee loan I can't remember I think the mortgage website was WWW.ROSALEESLOANS.COM this is different than WWW.ROSLOANS.COM or ross loans or ros loans.

WWW.RUSSELLSLOANS.COM is equal to russel loans or rus loans and russelsloans

WWW.RYANSLOANS.COM is not ryan loans but ryansloans

WWW.SANDRASLOANS.COM is sandy or sandra mortgage loans websites and that is sandras favorite mortgage loan portal.

WWW.SARASLOANS.COM is different that loans for sara and saraloans is equal to

WWW.SCOTTSLOANS.COM and WWW.SCOTTSLOANS.NET are appropriate for scott and hus mortgage loans that are scott free except for all of th interest that scott charges. On second thought, go to

Friday, March 28, 2008

Creating a Short Sale in the Sun

The short sale may result from tanning beds at countrywide. this is only a theory and short sale theories are running rampant. Look at countrywide for example and explain the short sale coincidence of Mozillo and the tan short sale. Did you hear that countrywide is no longer doing short sales on investment rpoeprties. Is this true or not about invetsment property short sales at countrywide.

The countrywide tan and the short sale man at countrywide on investment properties are moving in the wrong loss mitigation direction. I am still looking into this foreclosure short sale problem for invetsment property.

Sunday, March 16, 2008

Credit Report Information for short sales and foreclosures

I am interested in finding credit reporting information for a short sale of a mortgage loan in FLorida. DO you understand where the loss mitigation map can be found for the mortgage side of the lenders loss mitigation department? Let me know if you can meet the short sale advocate at teh bankruptcy trustee sale and I will meet you there after the short sale closing.

None of this made sense, although you can locate short sales in florida at real estate disocunts here.

North Carolina and relocating to florida

Others in loss mitgation departments around the various mortgage lenders with secret phone numbers of promissory notes.

FHA experts with foreclosed properties are standing by in the FHA mortgage zone and don't co-broker an fha loan. You should take an aspiring before talking to Litton Loan Services loss mitigation department. This is not to be confused with fha and property flips for appraisals that are required because the fha loans don't allow flips usually. This is after loss mitigatin goes on lunch break. You can also study political influences on a short sale.

Chase Manhattan and Bear stears will help with loss mitigation for defaulted loans.

That my friends was the short sale that got away.

Saturday, March 8, 2008

Short Sale Investors New Law

There are some changes in transaparenyc that adversely affect the short sale investor. Stay tund for next week's post regarding these new changes for the short sale investor.

Short Sale Investor Changes next week.

Sunday, March 2, 2008

Yoru Loss Mitigator for Litton Loan Services Left Town

You have two chances with litton litton services loss mitigation department, slim and none. And slim just left the loss mitigation department. It had something to do with Chase's loss mitigation supervisor and Countrywide loss mitigation deprtment trying to work out a short sale with teh supervisor of both loss mitigation departments.

Filing bankruptcy will get you into the bankruptcy department of litton loan services and the short sale will be stalled until there is an abandonment of asset by the bankruptcy trustee.

Somehwhere the realtor or the for sale by owner (FSBO) needs to sell the short sale through loss mitigation and the buyer needs to buy the short sale through the short payoff in Florida.