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Tag: CoreLogic

Short Sales On The Rise; Banks Offering Incentives to Borrowers

Wed Feb 8, 2012 by on Short Sales

For 5 years now we’ve been a huge champion of the short sale. We’ve been banging and banging away at the banks because they didn’t share our opinion. There has long been an institutional reluctance among our nation’s lenders to embrace the short sale, but it appears they are finally coming around. According to Corelogic’s most recent numbers, short sales […]

Second Mortgages Lead to Misery or Modification for Florida Homeowners

Nearly 40% of homeowners who took out a second mortgage are underwater on their loans, but the news surrounding second mortgages isn’t all doom and gloom for Floridians, says Florida foreclosure defense attorney Roy Oppenheim. Second mortgages refer to any loan taken out on a property that is subordinate to the first mortgage, and include home-equity loans or lines of […]