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	<title>Broken Credit Blog -- Mortgage Foreclosure Short Sale Credit Report Loan Modification</title>
	<link>http://www.brokencredit.com</link>
	<description>Credit Report, Mortgage Loan, Loan Modification, Short Sale, Foreclosure</description>
	<lastBuildDate>Sat, 29 Oct 2011 12:53:32 +0000</lastBuildDate>
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		<title>Buy My Short Sale Then Sign It Back To Me Or Not</title>
		<description><![CDATA[Why can&#8217;t I cash in money from my 401K and give it to a friend to buy my property which is in foreclosure with no sale date; then have the friend sign the deed back over to me?  What difference does it make if I know the buyer or if I don&#8217;t? Wendy &#8212;&#8212;&#8212;&#8212;&#8212;&#8211; Hello [...]]]></description>
		<link>http://www.brokencredit.com/buy-my-short-sale-then-sign-it-back-to-me-or-not/</link>
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		<title>Florida BofA 5% Short Sale Cash Incentive</title>
		<description><![CDATA[I called Bank of America for one of my sellers today and learned that she qualifies for the $5,000 incentive program they are offering for Florida properties.  Can’t be a lot loan and certain investors are not participating.  In her case, she had a Freddie Mac loan so she was good to go.  If you [...]]]></description>
		<link>http://www.brokencredit.com/florida-bofa-5-short-sale-cash-incentive/</link>
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		<title>Broken Credit Blog Still Standing</title>
		<description><![CDATA[You have a great website that educates and keeps people informed with valuable information. I have been reading it for over two yrs. Thanks and God Bless you. Carlos]]></description>
		<link>http://www.brokencredit.com/broken-credit-blog-still-standing/</link>
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		<title>A Short Sale Conversation With Clueless Ken @ Fifth Third</title>
		<description><![CDATA[Hello Paul,  Freddie Mac will require a $15k promissory note over 120 months at 0% interest = $125/month or $7500 cash contribution at closing instead of promissory note.  The loss to Freddie Mac is very large, so they will require one of these two things to consider approving this transaction.  Please let me know what [...]]]></description>
		<link>http://www.brokencredit.com/a-short-sale-conversation-with-clueless-ken-fifth-third/</link>
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		<title>New Foreclosure Filings Increase</title>
		<description><![CDATA[Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures. The number of U.S. homes that received an initial default notice — the first step in the foreclosure process — jumped 33% in August from July, foreclosure listing firm RealtyTrac [...]]]></description>
		<link>http://www.brokencredit.com/new-foreclosure-filings-increase/</link>
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		<title>MGIC Hardship Defined</title>
		<description><![CDATA[From MGIC’s Internal Loss Mitigation Manual, June 2011 Edition we learn the following with regards to ‘hardship’. MGIC requires that you determine borrower hardship for certain loan workout options.  We define ‘hardship’ as the borrowers’ long-term inability to maintain mortgage payments due to circumstances beyond their control. To determine hardship, conduct a thorough review of [...]]]></description>
		<link>http://www.brokencredit.com/mgic-hardship-defined/</link>
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		<title>Deficiency Judgments Are Granted By Florida Courts</title>
		<description><![CDATA[702.06 Deficiency decree; common-law suit to recover deficiency.—In all suits for the foreclosure of mortgages heretofore or hereafter executed the entry of a deficiency decree for any portion of a deficiency, should one exist, shall be within the sound judicial discretion of the court, but the complainant shall also have the right to sue at [...]]]></description>
		<link>http://www.brokencredit.com/deficiency-judgments-are-granted-by-florida-courts/</link>
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		<title>BofA Files Foreclosure On Lady Who Paid A Week Earlier Than Due Date</title>
		<description><![CDATA[NEW PORT RICHEY &#8211; Seventy-year-old Sharon Bullington may lose her home because she paid her mortgage a week early. That may not make much sense to the thousands of homeowners who are behind on their mortgages in Florida. But it seems it does to Bank of America, which has filed to foreclose on Bullington and [...]]]></description>
		<link>http://www.brokencredit.com/bofa-files-foreclosure-on-lady-who-paid-a-week-earlier-than-due-date/</link>
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		<title>More Than 10,000 HAFA Short Sales Completed</title>
		<description><![CDATA[Servicers completed 10,438 short sales through the government&#8217;s Home Affordable Foreclosure Alternatives program since it launched in April 2010, according to the Treasury Department. HAFA was designed to provide an incentive to servicers for completing short sales and deeds-in-lieu of foreclosure for loans that fail out of the larger Home Affordable Modification Program. Through June, [...]]]></description>
		<link>http://www.brokencredit.com/more-than-10000-hafa-short-sales-completed/</link>
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		<title>Cosign Entwine</title>
		<description><![CDATA[I cosigned for my 21 year old to buy a car.  She was late on her july payment and I didn&#8217;t find out until the underwriter repulled my credit prior to closing on a refinance of my mortgage.This is the only negative mark on my credit and it reduced my score by 40 points.  I [...]]]></description>
		<link>http://www.brokencredit.com/cosign-entwine/</link>
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