US Government takes over mortgage giants Fannie Mae and Freddie Mac
Resource: News: Yahoo.com

Treasury Secretary Henry Paulson, Jr. speaks during a news conference in AP – Treasury Secretary Henry Paulson, Jr. speaks during a news conference in Washington, Sunday, Sept. 7, …

WASHINGTON – The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and [...]

(1 votes, average: 4 out of 5)

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Did you download the gratis preview of Andy Proper’s
new "Virtual Bird Dog Blueprint" I emailed you about?

If not, please let me urge you to go ahead and do so.
Download the Preview Right Here, Right Now
VirtualBirdDogBluePrint

This is some of the most brilliant, cutting
edge, "4-Hour Workweek" stuff out there right now.

You’ll find a TON of [...]

(1 votes, average: 5 out of 5)

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Fannie Mae Raises Lender Fees, Releases Retained
Attorney List
Carrie Bay | 08.07.08
Resource: DS News
Earlier this week, Fannie Mae announced that it is increasing the fees it charges lenders for purchasing their mortgages and making adjustments to its pricing structure for home-loan securities.

(1 votes, average: 4 out of 5)

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Stop the truck Sally!

This BREAKING NEWS report just came in from Mortgage News Daily.

(2 votes, average: 3.5 out of 5)

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I had a rather interesting email sent to me that made me think that others would have a lot to contribute to the subject of it. It is an interesting way to think about solving challenges you are dealing with in short sale investing, but I believe from all the responses we get from this [...]

(2 votes, average: 4.5 out of 5)

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OK here’s the deal. The last time I gave away something you guys went CRAZY! So… let’s see happens THIS time.

I’m running a little CONTEST on a design logo for the new launch of ShortSaleology 2.0. If you haven’t heard about it don’t worry… you will soon.

I need your help. Would [...]

(1 votes, average: 5 out of 5)

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This is something all of us need to keep a pulse on.

http://news.yahoo.com/s/ap/20080624/ap_on_go_co/congress_housing

Summary:

The centerpiece of the package is a foreclosure rescue program in which the Federal Housing Administration would provide $300 billion in new, cheaper mortgages for distressed homeowners who otherwise would be considered too financially risky to qualify for government-insured, fixed-rate loans.

Borrowers would be [...]

(1 votes, average: 3 out of 5)

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Well I almost was ready to swing from the rafters! Then all of a sudden reality struck!

It seems the 90 Day FHA Seasoning Lift for 1 Year only applies to properties acquired from foreclosure. That means it really doesn’t affect short sale properties.

Download HUD Flipping Guidelines for 90 Day Seasoning Lift

WHAT ARE YOUR THOUGHTS [...]

(5 votes, average: 1.6 out of 5)

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Yup… you read that right!

This is going to be an AMAZING here especially for all us short sale investors. Just think how many different programs FHA provides first time buyers to qualify to buy a house. Now take those buyers and match them up with all your short sale approved houses and what do [...]

(5 votes, average: 1.6 out of 5)

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I would like to ask you for a favor.  Would you watch this video and considering donating to the cause? I don’t care if it is $.50  Anything you can spare can help feed a child or adult living in a tent under a bridge in New Orleans. This is perhaps one of the best [...]

(4 votes, average: 2.5 out of 5)

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I just read this article and it was a pretty interesting concept. Has anyone else heard of this?
The statistics are all over the place, but it is clear that not only are mortgage delinquencies and foreclosures skyrocketing, but millions of homeowners are "upside-down " in their mortgages; that is they owe more to the bank [...]

(1 votes, average: 5 out of 5)

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I hope everyone is having a productive day.

I am leaving today around 4PM and heading to Cleveland, Ohio.  I will be staying at the Marriot.  Call Rick or Gary for more details.  Please call Rick at 440-545-2341 or Gary at 440-545-2340.

Why am I telling you?  I would love meet you there!  Just email [...]

(2 votes, average: 2.5 out of 5)

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Here is an interesting article from: http://www.mortgagenewsdaily.com/5272008_Rate_Freeze.asp

Mortgage News Daily received an email this week from a reader with an intriguing idea for, if not solving, at least lessening the foreclosure crisis. What we loved about it was its simplicity.

The reader said that she works with a real estate attorney in Florida, one of the [...]

(2 votes, average: 3.5 out of 5)

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Howdy (yes I am from Oklahoma)

First off I apologize for not putting something up for a few days.

You see I had a friend that passed away this week and it has been tough for me to deal with the emotions that go with a lost friendship.

Anyone that has dealt with a similar situation can relate. [...]

(4 votes, average: 2.5 out of 5)

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Watch and listen to what Seth Godin and pioneering Founders of Facebook and WikiPedia have to say about the importance of joining a Community.

Seth Godin, Sean Parker and Jimmy Wales discuss how to connect with more like minded people.

SO….

What community can you join now to get more accomplished in less time in your short sale [...]

(3 votes, average: 3.33 out of 5)

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I’m going to share my heart with you today in a way that I never done before.

I am inspired by several things that I encounter on a daily basis. I’m sure you can relate with that too. We’ll today I was inspired to talk about something that I think is being left out of [...]

(1 votes, average: 5 out of 5)

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I’m going to start this conversation out a little different.

Is that cool with you?

First, YOU are a world changer IF you can embrace the vision that has been gifted to you on how you can add value by passionately sharing it with others.

What in the world does that have to do with [...]

(2 votes, average: 4.5 out of 5)

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We had a great launch today and people continue to sign-up every hour. Here is a little picture and link to encourage you to do the same.  By the way… don’t forget to check out short video explaining Lender Negotiations.

Let’s grow this community and make it phenomenal!

I can’t wait to see you there!

(3 votes, average: 3.67 out of 5)

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Here is a copy of the Option Contract Package. These are the same documents that Old School Title uses.

If you have questions, comments or concerns leave them below.

Short Sale Option Contract Package
Title Order

(3 votes, average: 4.33 out of 5)

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The very idea that we can remain still while the world around us changes is selfish and becoming unrealistic. There are amazing technologies that allow a greater scale of efficiency. Does that make sense?

If it doesn’t… watch this video and send me your comments about it.

I would love to hear your thoughts on how [...]

(2 votes, average: 5 out of 5)

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