Sci-Fi Housing

Sunday, March 30, 2008

Learn FHA CLTV requirements

There is a lot of fha talk about over 100% FHA standards. You can check out the discussion on fha refinance over the maximum cltv for fha.

Will the FHA second mortgage subordinate to an fha first mortgage. That would be helpful if the second mortgage permits the fha refinance to lower the interest rate and payment of the first mortgag at least.

This is an fha rule for cltv limits on refi


Friday, March 28, 2008

Talk to Larry About Your Short Sale

Bet you won't click this short sale link to Larry!


Saturday, March 08, 2008

Diiner With Florida SHort Sale

You may not like it. You may not want it. But LOOK WHO'S COMING TO DINNER! That's riught! Don't look now, it's THE FLORIDA SHORT SALE!

FLorida short sale is concerned about locating the following loss mitigation departments:

Litton loan Services short sale workout office

COuntrywide Home Loans Mortgage loss mitigation department

Bank of America loss mitigators office

Chase Home Mortgage loss mitigation unit

Indymac Loss Mitigation Department and workout office

Not all of them will be at the short sale dinner at the same time. Thanks.


Sunday, March 02, 2008

Eat Lunch with teh loss mitigators at Countrywide

Would you like to eat lunch with the loss mitigators at Countrywide. I hear they have loss mitigation picnics and the CEO of COuntrywide shows up. Don't drink coffee with certain loss mitigators at Indymac and at Litton Loan Service loss mitigation department. They're both looking for jobs as I understand.

Maybe they should pay more attention to working short sales in loss mitigation than in drinking cofee. What do I know I 'm just a loss mitigator that has to pay a fee to IndyMac to work the short sale. I hope they stop the foreclosures and stop drinking so much coffee.

For Sale By Owner is an interesting option for short sales with JP Morgan Chase