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16 May, 2012
Reaves & Lee

The Mortgage Loan Process

Obtaining a mortgage may seem like a scary thought in today’s market, but there are plenty of great deals to be found for the right buyer. With a stock of foreclosures and short sales on the market, getting a great...

16 May, 2012
Reaves & Lee

Ally Mortgage Files For Bankruptcy

Ally Financial Inc. has been struggling to keep its mortgage unit afloat for a while now.  After receiving a large government bailout just a few years ago, time is running out for repayment. As Ally Mortgage unit’s...

15 May, 2012
Reaves & Lee

HAFA Short Sale Basics

Short sales aren’t what they used to be and, in fact, many homeowners are finding the benefits of using them as an alternative to foreclosure. However, not all lenders will approve a short sale, nor are they all the...