By housingguruadmin, on April 25th, 2011%
While HAMP, the administration’s foreclosure prevention program, has been a dismal failure, efforts in Pennsylvania demonstrate that government can create modification programs that work. And while the Pennsylvania program is dramatically more effective, it’s also much less costly to taxpayers and less of a hassle for lenders to administer.
What the Pennsylvania program demonstrates is that such . . . → Read More: Government Can Create Modification Programs That Work
By housingguruadmin, on April 8th, 2011%
Lipstick on a Pig – Understanding the Dangers of Rehabbed Foreclosures
Lipstick on a Pig
With millions of homes having been lost to foreclosure and millions more to come, savvy “investors” may purchase some of the best deals with the intention of turning them for a quick profit. Unfortunately, some of those “investors” have little knowledge . . . → Read More: Lipstick on a Pig – Understanding the Dangers of Rehabbed Foreclosures