Tag Archives: Deficiency Judgements

Fannie Mae’s Empty Threats

Posted on July 7, 2010 by irvinerenter

Fannie Mae announces a policy to withhold loans from strategic defaulters for seven years and pursue deficiency judgments. Do you think they will really do it? Continue reading →

Posted in Best Of The Storm, Foreclosures, Fresh Perspectives, Home Economics, Mortgage News, Strategic Defaults | Tagged Deficiency Judgements, Fannie Mae, Foreclosures, Loan Modifications, Strategic Defaults, Walking Away | Leave a comment

California’s Deficiency Judgement Debate

Posted on June 25, 2010 by Jon Maddux

There’s a debate going on right now in Sacramento concerning what will happen to the difference between what a borrower owes and what their home sells for in the event of a foreclosure. Continue reading →

Posted in Best Of The Storm, Fresh Perspectives, Home Economics, Mortgage News, Strategic Defaults | Tagged Deficiency Judgements, Strategic Defaults | 1 Comment

Lenders Pursuing Short Sale and Foreclosure Deficiencies

Posted on June 21, 2010 by irvinerenter

Most borrowers who walk away from their homes, agree to short sales, or get pushed out in foreclosure assume that is the end of the matter. They are wrong. Continue reading →

Posted in Banking and Finance, Best Of The Storm, Environmentally-Friendly, Everything About Foreclosures, Foreclosures, Fresh Perspectives, Home Economics, Short Sale News | Tagged Deficiency Judgements, Foreclosures, HELOCs, Liar-Loans, Short Sales | 2 Comments