Daily Archives: January 13, 2011

HAFA Posts New Rules for Short Sales — New York Real Estate

Loan servicers will have 30 days to send a borrower a short-sale agreement that includes the list price or acceptable sales proceeds under recent changes made to the Home Affordable Foreclosure Alternatives Program, aimed at distressed borrowers who don’t qualify … Continue reading

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Vacation Homes Emerge as Hot Market — New York Real Estate

Vacation Homes Emerge as Hot Market by John Tayeb on January 11, 2011 Vacation communities across the United States are showing big signs of a rebounding real estate market, reporting soaring sales at levels that have not been been seen … Continue reading

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Banks Lose Pivotal Foreclosure Case — New York Real Estate

Banks Lose Pivotal Foreclosure Case by Raja Tayeb on January 11, 2011 A recent decision by the Massachusetts Supreme Judicial Court is expected to have sweeping implications for the nation’s banking industry when it comes to how they’ve approved foreclosures … Continue reading

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