FHA Loan Modification Review Before A Short Sale When encountered many people will ask “is this a new policy?” The answer is no, this is not a new policy and it has been a requirement by HUD for all FHA loans. HUD guidelines require that all borrowers be...
What is a 4506-T and 4506T-EZ We find that many clients are frequently asking about the HAMP and HAFA programs. These questions seem to be on everyone’s mind and what exactly is this 4506-t? Traditionally, the 4506-t is used by loan officers and submitted to mortgage...
Bank of America Cooperative Short Sale Program The Bank Of America Cooperative Short Sale program is known as the CO-OP short sale. This program allows a homeowner to begin processing a short sale prior to an offer being received on their property. You will initiate...
