WestCountyBlog has Moved! Use Same URL Http://www.WestCountyBlog.com

Go to our new site:  http://www.WestCountyBlog.com

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WestCountyBlog.com is Moving!

We are making the move to Tumblr! The reason for this move is to provide a better user experience through the use of many more features. We will be adding different kinds of media such as video, chat and audio. It will be a much better experience than just reading plain text. We will gradually […]

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Your Ability to Pay Won’t Be a Qualification Requirement for a Refinance

Lenders will not look at your ability to pay a loan back and not make it a qualification requirement to refinance.  In your opinion is this crazy or not?  Well however way you look at it, it appears Fannie Mae is making this change to their Home Affordable Refinance Program 2.0 (HARP). The new HARP […]

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Market Update Presentation to the Local Young Professionals Network

A few months back the local Young Professionals Network with the West Contra Costa Association of Realtors held a seminar on Social Media.  Being the Chairman of the local YPN group, I was one of the speakers at the presentation.  After the social media portion of the seminar, I gave the attendees a local market […]

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The Shocking Data After 4 Months of Decreasing Mortgage Delinquencies

After four months of seeing the number of delinquent mortgages decline, Lender Processing Services (LPS) documented the first increase for the month of November.  The new data shows a 3% increase in month-over-month of delinquent loans 30+ days past due but not yet in foreclosure.  Overall, the number of delinquent mortgages from a year ago […]

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New HARP 2.0 Which Allows Underwater Homeowners to Refinance Now Delayed!

On Monday, October 24th, the Federal Housing Finance Agency announced rule changes to the Home Affordable Refinance Program (HARP).  The new rules are designed to double, maybe even triple, the number of underwater homeowners it can help by eliminating the loan-to-value ratio cap of 125%.  This would allow many homeowners to refinance at today’s crazy […]

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What If You Could Walk Away From Your Mortgage, But Not Your House???

Earlier this year the Federal Housing Finance Agency (FHFA), the regulator and conservator of Fannie Mae and Freddie Mac and the regulator of the 12 Federal Home Loan Banks, asked the private market for input on how to handle the majority of their current and future foreclosures.  If you want to know how many foreclosures are in […]

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OCC Now Investigating Foreclosures of over 5,000 ServiceMembers!

Several days ago I released an article here on my blog about the $20 Million Bank of America settlement.  You can find it here: $116,875 from Bank of America for Each Servicemember Who Was Foreclosed Upon Well the news of this settlement spread so fast that it seemed to have caught the eye of The […]

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