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...]

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...]

Principal Reduction

I want a principal reduction on my mortgage. I hear that everyday from prospective clients. I completely agree. I want those homeowners to receive one. A couple years ago, they were a figment of our imagination. Today, principal reduction has become more of a reality. Clients are beginning to see more of them. With housing prices in our markets going up and with the amount of negative equity … [Read more...]

You Do Not Need The Mortgage Debt Relief Act In Arizona Or California To Short Sale

You Do Not Need The Mortgage Debt Relief Act In Arizona or California To Short Sell Your Home. Due to the potential expiration of the Mortgage Debt Relief Act last year in December 31, 21012, Realtors had underwater Arizona and California Homeowners running for the short sale because if they waited too long they would not close in 2012 and might now owe taxes on a short sale or foreclosure if … [Read more...]

Principal Reduction and HARP Come Together

Principal Reduction and HARP Come Together I have been speaking for some time about HARP. The Home Affordable Refinance Program. I have heavily criticized the idea of any kind of refinance or loan mod of mortgages that are underwater that do not come with a principal reduction. Well, I had a conversation with Reginald Givens at the Arizona Department of Housing several months ago and he explained … [Read more...]

Foreclosure backlog to ‘take decades to complete’

Original Article. Urban Institute: Foreclosure backlog to 'take decades to complete' « HousingWire. How this affects Arizona, time will tell. Arizona is not a judicial state and though foreclosure filings i.e. recording Notices of Trustee Sale have risen, the speed of which homes are going to foreclosure slowed. There are still rampant problems with the foreclosure process and properly … [Read more...]