Possible flood of foreclosures

by traviss on February 13, 2012

The ‘robo-signing’ chaos may be coming to a head.  The National Mortgage Settlement was approved by the Federal Government and 49 states for $26 Billion.  The majority of this money is supposed to go directly to borrowers through foreclosure relief effort options, including principle reduction for qualifying borrower, short sales, anti-blight measures, and enhanced homeowner transition programs. 

Foreclosures will now be processed by lenders that have been holding on to them to wait how the Settlement played out.  To find out how these foreclosures will affect your area, please attend this FREE Seminar below

Free Seminar here

Tagged as: 100% Financing, Bankruptcy, Credit, FHA, First Time Homebuyer, Foreclosure, HomePath, low mortgage rates, Mortgage, Purchase, rates, Texas Mortgages, USDA, Zero Down Home Loan

{ 3 comments… read them below or add one }

Joslyn Smith February 13, 2012 at 4:54 pm

I am interested in the webinar, especially as a cash buyer of foreclosures.

Carolyn Peak February 13, 2012 at 5:04 pm

Great information Travis!!

traviss February 13, 2012 at 5:09 pm

I think I fixed the link…sorry about that. if not, try this one…

Webinar…click here

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