Tag Archives: Cash For Keys

FDIC “Cash for Keys” Proposal Would Pay Underwater Homeowners $21,000 to Walk Away

Posted on March 27, 2011 by Mish

The five biggest US mortgage servicers were told this week at a private meeting with regulators to consider paying delinquent borrowers up to $21,000 each as part of a broader settlement of the foreclosure crisis. Continue reading →

Posted in Banking and Finance, Foreclosures and Short Sales, Fresh Perspectives, Home Economics, Mortgage News | Tagged Cash For Keys, FDIC, Foreclosures, negative equity, Strategic Defaults, Walking Away | 1 Comment

There Once Was a Man From Nigeria, Which All By Itself Makes You Leery, Yah?

Posted on November 7, 2010 by Elizabeth Weintraub #00697006, Broker Associate, Lyon Real Estate

Fall comes late to Sacramento, as compared to the rest of the country. Yesterday, as leaves whirled in the street, I pulled my car up to the curb at a short sale home in Elk Grove and waved to the … Continue reading →

Posted in Takin’ It In The Short Sales, Uncategorized, What You Need To Know About Buying and Selling Real Estate | Tagged Cash For Keys, elk grove short sale, loan modification, man from nigeria, principal reduction program, sacramento short sale agent, short sale | Comments Off

Uncle Sam Endorses Cash-For-Keys

Posted on March 9, 2010 by irvinerenter

This article originially appeared on the Irvine Housing Blog Uncle Sam has embraced cash-for-keys as part of its initiative to streamline the short sale process. Can we expect to see many more successful short sales soon? Stop your stalling, And just … Continue reading →

Posted in High On Design | Tagged Cash For Keys, Foreclosures, negative equity, Principal Reductions, Short Sales, Strategic Defaults, Underwater Borrowers | Leave a comment