Kevin W Hardin

Kevin W Hardin BIO The Mortgage Mediation Group assists homeowners, attorneys, realtors, loan officers, and other professionals with issues related to Mortgages. These issues may be Credit Report Errors, Short Sale, Loan Modification, Foreclosure, Deficiency, RESPA, TILA and Post Foreclosure-related claims under the California Homeowner Bill of Rights. Kevin W Hardin is the Specialized … [Read more...]

Short Sales Not Extinct Yet

Short Sales Not Extinct Yet Unlike the dinosaur, Short sales are not extinct yet. However, the number of short sales has reduced dramatically as many Arizona and California homeowners have recovered much of their equity. Today, there are still Arizona and California homeowners that think that short sales have gone away but, short sales are not extinct yet. Why have they come back or … [Read more...]

Expiration of The Mortgage Forgiveness Debt Relief Act

Expiration of The Mortgage Forgiveness Debt Relief Act Did it kill short sales? It should have had little impact on them. Expiration of The Mortgage Forgiveness Debt Relief Act (MDRA) has left questions in the minds of Arizona and California homeowners. Will homeowners owe a tax to the IRS if their lender forgives their mortgage debt in a foreclosure or short sale? While there are many articles … [Read more...]

Keep Your Home California

Keep Your Home California Keep your home California has announced changes to two of its programs. The Principal Reduction Program and The Mortgage Reinstatement Assistance Program have been expanded. In a recent article, Keep Your Home California, explains that “Despite an improving economy and job market, there are still many homeowners who are struggling every month or just need a little … [Read more...]

Underwater Home

Underwater Home "Underwater Home" may not mean what you think. According to CoreLogic 10.8% of all mortgage homes in the US are underwater, that is, more is owed on the home than it is worth. For Arizona that number is larger. 18.7% of Arizona homes are underwater with the Greater Phoenix area showing 18.8% of mortgaged homes are underwater. Does it end there? No. If you owed $100,000 on a … [Read more...]

Mortgage Mediation Group

Mortgage Mediation Group Scottsdale, AZ – Kevin McCarthy, Managing Partner of McCarthy Law PLC, announced today the addition of the Mortgage Mediation Group to its legal services offering.  The firm has engaged Kevin W. Hardin to act as Director of the Mortgage Mediation practice group for the firm. Kevin W. Hardin, CMB has acted as Director of the Mortgage Mediation Group for the last … [Read more...]

Mortgage Forgiveness Debt Relief Act Ends 2013

Mortgage Forgiveness Debt Relief Act WHY THE EXPIRATION OF THE MORTGAGE DEBT FORGIVENESS ACT RARELY APPLIES TO ARIZONA SHORT SALES AND FORECLOSURES After years of extensions to the Mortgage Debt Forgiveness Relief Act, this act will expire at the end of this year. As a result, homeowners were pressured to sell their properties prior to the end of the year and if unsuccessful, told that … [Read more...]

Minimum Five Days On MLS Per Fannie Mae and Freddie Mac

Minimum Five Days On MLS Fannie Mae and Freddie Mac recently announced requirements for Fannie Mae short sales listed in the multiple listing service (MLS). Starting August 1st, each new short sale listing must maintain an “active” status for a minimum five days on MLS; and that timeframe must include at least one weekend. Freddie Mac announced similar guidance for Freddie Mac short … [Read more...]

Declined For HARP

Declined for HARP; What do I do now? So, you have been through every lender there is and cannot secure a HARP refinance. What do you do now? If you are reading this you owe more than your home is worth. According to a Q1 2013 report form Corelogic, Arizona is running almost 30% of homes are underwater or in negative equity position. California is running close to 25%. The market has improved … [Read more...]

Climbing Out of the Basement of Negative Equity

Are You Climbing Out of the Basement of Negative Equity? We have heard so much talk about the recovery in the Arizona and California market. Everyday some talking head is screaming "The market is coming back!" Back?!? Really? Back to what? Are you climbing out of the basement of negative equity? Over the last 5 years I have worked with over 6,000 homeowners who were upside down in their … [Read more...]