Home Affordability Modification Program (“HAMP”) Lender Incentives to Modify Mortgage Payments The Home Affordability Modification Program (“HAMP”) is the federal loan modification program designed to
The Home Affordability Modification Program(“HAMP”) has been largely unsuccessful in creating permanent loan modification solutions that allow distressed homeowners to remain in their properties. In
In 2009, the Wall Street Journal estimated that over 25 percent of American households with mortgages were worth less than the total debt secured
Right of First Refusal— Kick Out Clauses You’ve just received an otherwise desirable offer on one of your listings. Unfortunately, it is not clear whether
Some markets have improved sufficiently that we are now starting to see competing buyers pursue garden variety seller re-sales. Sellers seek guidance on how
Federal Estate Tax and Carryover Basis in 2010 – The Unthinkable With its priorities elsewhere last year, the U.S. Congress failed to address a major
Part I of this article identified some of the issues brokers encounter when listing property which is, or which might become, the subject of a
Q: I will be entering into a listing agreement with a married individual who may soon be getting divorced. I also have a listing
Parties in a divorce case should pay close attention to resolving issues concerning whether maintenance will continue after remarriage. The economic lives of spouses
If you are a REALTOR® or Mortgage Lender working with a property in foreclosure, please obtain written authorization signed by the borrower that allows us
