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Robert Moreno's Blog – July 2011 Archive (3)

Banks Day of Reckoning Cometh..for Fraud filled foreclosure, Robo-signers? (Video)

Banks Day of Reckoning Cometh..for Fraud filled foreclosure, Robo-signers? (Video)

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Added by Robert Moreno on July 25, 2011 at 7:58pm — No Comments

Urgent Breaking News: California SB 458 Passed | Realtor Short Sale Designation

This is HUGE!

Effective, 15 July 2011!

Governor Jerry Brown signed into law SB 458 prohibiting banks, servicers and lenders from pursuing home…

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Added by Robert Moreno on July 18, 2011 at 10:36am — No Comments

SHORT SALE 2ND LEIN NO LONGER CAN SEEK DEFICIENCY JUDGEMENT FROM SELLERS IN CALIFORNIA

 

FROM THE DESK OF THE MORENOWORKGROUP:

A new law signed by Jerry Brown in California has now made it easier for Californians suffering from the Real Estate dip to short sell their homes. The new law prevents the second lein hold nor the investors behind them, including any insurer to seek any type of deficiency judgement against the seller once the deal is closed. 

 

HERE IS THE LAW FOR THOSE WHO CAN NOT SLEEP AT NIGHT (like me).

 …

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Added by Robert Moreno on July 16, 2011 at 11:08am — 1 Comment

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