Kevin and Fred will be hosting viewer week in the very near future. If you've got a story, step out of your comfort zone and share. Today's episode revolves around investors and strategic defaulters. Check out the events page for Short Sales Gone Wild!
Kevin and Fred talk about strategic defaulting and touch on the ethics of it… Also, as promised… Here are some of the Fannie Mae info: This is for conventional loans. Currently the waiting period for purchasing a home after a foreclosure is 5 years. As of October 1st 2010 the waiting...
Another gem uncovered by Martin Andelman. The CEO of the rich and powerful Mortgage Bankers Association (MBA), John Courson, went on the record saying that homeowners “should not walk away from lawful debts.” Then he added: “What about the message they will send to their family and...
Kevin Kauffman (with a Fred Weaver slide in...) shares a bank's internal documentation that was sent to him by mistake. The document is all numbers and has one line for the homeowner's hardship. "Hardship = Tenant Not...
Kevin Kauffman and Fred Weaver react to a great article by Martin Mandelman. Strategic Default isn’t wrong - big business does it all the time. Read Mr. Mandelman’s article right now! Here is a just a taste. The core message in his article [talking about and article written by:...
Fred Weaver of Group 46:10 talk about the hardship of the bank. That's right - the banks hardship. Remember the bank is loosing money not the homeowner. At the end of the day - it's about savings over...
Agents We've Trained
