There is excitement among under-water homeowners and others, about the newest program coming from the Government, called HARP. HARP stands for Home Affordable Refinance Program; it’s known informally as the “short refinance”. It will allow homeowners with no equity and those who owe more than their home is worth, to refinance ... [Read More]
There is excitement among under-water homeowners and others, about the newest program coming from the Government, called HARP. HARP stands for Home Affordable Refinance Program; it’s known informally as the “short refinance”. It will allow homeowners with no equity and those who owe more than their home is worth, to refinance [...]
In an effort to speed up the short sale process, some lenders are choosing to automate the way approvals are given. Bank of America is using a new system to automate the approvals of short sales, called Equator. It uses an Automatic Valuation Model (AVM) like Zillow.com to determine the value of the home, and ... [Read More]
In an effort to speed up the short sale process, some lenders are choosing to automate the way approvals are given. Bank of America is using a new system to automate the approvals of short sales, called Equator. It uses an Automatic Valuation Model (AVM) like Zillow.com to determine the value of the home, and [...]
