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Loan Modification

: Loan Modification & Home Loan News

Be on the lookout for fraud in short sales

By Moe Bedard

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The Department of Real Estate is issuing warnings about fraudulent short sales. It notes that in April, the federal government will offer financial incentives to provide short sales through the Home Affordable Foreclosure Alternatives program, with requirements including a shorter time frame to respond to offers, debt forgiveness, and government payments to homeowners (for moving) and lien [...]

Full post as published by Loan Modification & Home Loan News on March 31, 2010 (boomark / email).

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