Friday, July 20, 2012

9:15 a.m. -

HEADING FOR THE EXIT - SHORT SALES DOMINATE IN 2012

Moderator: Daren Blomquist Vice President, REALTYTRAC

Panelist: Brad Johnson SVP, Portfolio Management, ROUNDPOINT MORTGAGE SERVICING CORPORATION

Panelist: John Rieger Vice President, Liquidations/Short Sales, JP MORGAN CHASE

Cody Trobaugh Short Sale Director, WINGSPAN PORTFOLIO ADVISORS

The number of U.S. home short sales surpassed foreclosure deals for the first time starting in Nov. 2011 and that trend continues. Considered the best way of disposing of assets while keeping homes occupied and therefore communities stabilized, 2012 has been called the year of the short sale. Just what does it take to get a short sale done these days? This panel will consider:

Bringing transparency to the process
Key issues and how servicers are addressing them
GSE new guidelines – realistic or not?
Top 3 best practices to implement

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