News
AssetPlan is always making news by bringing new products and services to the Real Estate industry either directly or though our many strategic alliances. We've organized our news into two sections for your convenience. If you want to keep up on the very latest real estate industry news click on the Financial News link below which will redirect you to a great news site.
News
Short sales are bargains, but they take forever
Author: Lisa GibbsIn my April MONEY magazine story explaining how to snag a bargain purchasing a short sale or foreclosed home, I reported that the process can be both frustrating and time-consuming. Well, now I have first-hand knowledge of how slow and irksome these deals can be.Meltdown Memo: How to Avoid a Mortgage Rip-Off
Author: BathabileOn Sunday, June 5th, Ray Mathoda, AssetPlan’s CEO and Founder, was featured on internet radio to discuss options for consumers unable to afford their home.New Role Suggested for RE Agents
Author: Lew SichelmanPARK CITY, UT—Among the numerous and often futile efforts to keep troubled borrowers in their homes, a former IndyMac Bank executive believes real estate agents represent a largely untapped resource. Not agents who list and sell foreclosed properties, said Ray Mathoda, who now bills herself as a housing industry social entrepreneur.HAFA Short Sales - A Much Needed “Fresh Start” Program for Troubled Borrowers
Author: Rayman (Ray) MathodaA recently implemented foreclosure alternatives program created by federal officials is reflective of what many real estate professionals know already: for those experiencing significant loss of household income, financial stability and a job are more important than short term retention of home ownership. The Home Affordable Foreclosure Alternatives (HAFA) program – designed by the Treasury Department and implemented by Fannie Mae, Freddie Mac and loan servicers representing more than 90% of all loans outstanding – offers short sale and deed-in-lieu opportunities to millions of distressed homeowners who are struggling to make their mortgage payments due to labor market issues.Can Rehabilitating Exiled Borrowers Buoy Mortgage Market?
Author: Kate BerryQuite apart from financial losses, the massive foreclosures of the past few years pose another, long-term problem for the mortgage industry: fewer potential borrowers...Press Releases