I hope this video is helpful to you. The banks are changing again. With this change we will see a huge increase in Foreclosures over the next 6 months. So basically Wells Fargo, Fannie Mae, Freddie Mac and other large banks are changing their policy on extending foreclosure dates and close of escrow dates.
HOT NEWS ON THE REAL ESTATE MARKET – WELLS FARGO, FANNIE MAE AND FREDDIE MACK MAKE MAJOR CHANGE!
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{ 3 comments… read them below or add one }
I would like to exchange links with your site http://www.azreoconnection.com
Is this possible?
Sure, but how do you do it?
An extended Wall Road Journal piece just a few days ago concerned one of many “victims” whose paperwork was mishandled within the foreclosure. The guy’s enterprise went bust and he might now not pay his $400,00 mortgage, so he employed a lawyer when the proceedings began. Sure enough, the lawyer discovered enough glitches that Bank of America had to pay the person’s $20,000 authorized charges, however the foreclosure wasn’t stopped. Now, he’s in negotiations with BoA to reduce the $400,000 to $200,000. He says that was the purpose all alongside, to get the mortgage reduced. This isn’t victimhood, this is theft.
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