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The New Short Sale Rules and Programs_webinar

The New Short Sale Rules and Programs_webinar

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Published by Jacob Swodeck

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Published by: Jacob Swodeck on Mar 07, 2013
Copyright:Attribution Non-commercial

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03/07/2013

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WITH
JACOB SWODECK &KNOLLY WILLIAMS
OF
 
 MAPS&
SPECIAL GUEST 
BRYANT TUTAS
CO-FOUNDER SHORT SALE SUPERSTARS
T H E N E W
 
WHAT WE’LL COVER TODAY
 
Are short sales going away soon?
Are short sale lease backspossible/legal?
Is HAFA over?
What’s new with Fannie/Freddie short
sales?
Is it true there is a new low-doc shortsale process in place?
Are lender-directed short sale leads anemerging concept?
 
HOW LONG WILLSHORT SALES LAST?
2.3 million homes represented in “ShadowInventory” (7
-9 month supply, $376B, down12% form 2011) (CoreLogic as of Oct 2012)
2.4 million
additional 
borrowers are 30
 –
60days late and are not included in theshadow inventory numbers. (via LPSMonthly Monitor Report Dec 2012)
Est. 440,000 short sales in 2012. 1,000,000expected in 2013 (Daren Blomquist of RealtyTrac)

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