Comments on: How to guide – FHA Short Sales – Short Sale Power Hour 12-24-09 http://kevinandfred.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/ Short Sales, Real Estate, and Life by Group 46:10 Mon, 21 May 2012 05:25:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Shorty Sales http://kevinandfred.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/#comment-1320 Shorty Sales Thu, 01 Jul 2010 14:22:19 +0000 http://shortsalepowerhour.com/?p=247#comment-1320 Thanks much. Closed my first FHA thru Chase on Tuesday and it was a bear. Seller got $1000K back and FHA got 88% of their value, which was inflated. FHA loans are starting to default with rapid speed and their guidelines are immovable (it seems) that I don't see how Reotrans Equator could handle the volume considering their software platform would have to be changed AGAIN to accomodate the FHA guidelines and volume of loans. Howz that? Cheers to a good day :) Thanks much. Closed my first FHA thru Chase on Tuesday and it was a bear. Seller got $1000K back and FHA got 88% of their value, which was inflated.

FHA loans are starting to default with rapid speed and their guidelines are immovable (it seems) that I don’t see how Reotrans Equator could handle the volume considering their software platform would have to be changed AGAIN to accomodate the FHA guidelines and volume of loans. Howz that?

Cheers to a good day :)

]]> By: kevin http://kevinandfred.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/#comment-110 kevin Sun, 27 Dec 2009 23:51:04 +0000 http://shortsalepowerhour.com/?p=247#comment-110 Here is a post from Youtube: Guys I loved the video! The tips provided on FHA Shorts for 2010 is on time! I will follow and i? have posted this vid on my blog. Happy New Year By: frankiemozell Here is a post from Youtube: Guys I loved the video! The tips provided on FHA Shorts for 2010 is on time!

I will follow and i? have posted this vid on my blog. Happy New Year

By: frankiemozell

]]> By: Fred Weaver http://kevinandfred.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/#comment-109 Fred Weaver Sat, 26 Dec 2009 17:29:10 +0000 http://shortsalepowerhour.com/?p=247#comment-109 That's a good question Kevin. I honestly don't know. My guess is that some of the loans these banks service give them the freedom to service them however they'd like, as long as the decision is being made based on their 'guidelines.' In the case of FHA, it wouldn't surprise me if it dictates that the servicer processes them a certain way and therefore wouldn't allow REOTrans or Equator to be apart of the process. If we hear more on this we'll let you know! That’s a good question Kevin. I honestly don’t know. My guess is that some of the loans these banks service give them the freedom to service them however they’d like, as long as the decision is being made based on their ‘guidelines.’

In the case of FHA, it wouldn’t surprise me if it dictates that the servicer processes them a certain way and therefore wouldn’t allow REOTrans or Equator to be apart of the process.

If we hear more on this we’ll let you know!

]]> By: kevin http://kevinandfred.com/how-to-guide-fha-short-sales-short-sale-power-hour-12-24-09/#comment-104 kevin Thu, 24 Dec 2009 15:08:10 +0000 http://shortsalepowerhour.com/?p=247#comment-104 Do you guys think they will ever do FHA short sales in REOTrans? Or Equator as they call it? Do you guys think they will ever do FHA short sales in REOTrans? Or Equator as they call it?

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