
9 April 2013 | 1 reply
Before its rescue-sale to Bank of America (BOA), Countrywide was the largest mortgage lender in the United States.Countrywide became a “leader” of sorts in the lending industry, according to numerous lawsuits filed by the Department of Justice, by adopting reckless lending practices, encouraging fudged loan applications, and violating appraiser independence in order to gain market share.

11 April 2013 | 3 replies
I've bought numerous properties from Hubzu/Altisource and while I've always bought for a deal, they've always been a headache once I get to closing.

15 April 2013 | 14 replies
The quote was "What you want to do is find a C area that is a little bit away from a D or F area but the broker listing for the bank used war zone comps for the BPO.

15 April 2013 | 7 replies
There are lots of reasons a seller/listing agent will list their properties low, from ignorance of the actual value to attempt to get a bidding war.
16 April 2013 | 9 replies
I don't plan on buying war zone properties or having crazy tenants, but you never know what can happen.

5 May 2021 | 57 replies
I know this whole subject of Dodd Frank and Safe Act compliance has been beaten to death here, but I couldn't find an answer in any of the numerous other posts I have read.

17 April 2013 | 2 replies
I ask for exclusivity because that will prevent bidding wars and a property going for market value.What sort of financial incentives can be used to motivate realtors to let it go for less than it should?

28 July 2013 | 27 replies
It's unfortunate that Detroit's "war zone" neighborhoods have come to be how many people perceive the city (because it just isn't true).

18 April 2013 | 2 replies
I've spoken to my tenants numerous times and they seem to think he's singling them out.