A friend used a jackhammer to loosen the "soil" so I could put in a sapling...Ofgift

Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S.

Leave it to our all knowing government to spend more of OUR money to help those that are upside down in their mortgage.I believe it was the governments pressure to loosen lending regulations that started this whole underwater mortgage mess!

Every situation is different and perhaps things have loosened up a bit lately.

And even if demand increases, very little is going to sell unless banks start loosening up on their purse-strings.

For me, this means that I no longer use this bank for big rehabs, as those properties have low purchase prices with high rehab costs, and the loans don't make much sense anymore for these projects.I have a feeling they will start loosening up again over the next 6-12 months.

That created more demand for these investments, which created more demand for loans to be generated which resulted in further loosening of lending criteria which led to the whole mess.So, to say it was worth some high number during the bubble is like saying high tech stocks were worth some high number during the dot com bubble.

Care to place a bet on whether lending practices are tightening or loosening right now?

Trusts were used most effectively in REO's, but since FHA has loosened it guidelines, not sure they are even relevant.Since 2008, Trusts have been difficult to use in short sales.

All the trees had been loosened, power poles rocked, and water was much higher etc.