Shelley Mastro & Mark Mastro

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• Barclays Lowers REO Inventory Estimate

  Barclays Lowers REO Inventory Estimate By: Carrie Bay 05/07/2010 A recent study by Barclays Capital says that U.S. lenders are holding fewer foreclosed homes than previously assessed by the research firm. Some are viewing the revised estimate as a testament Read More... Posted Monday, May 10, 2010 2:26 PM by Shelley Mastro | 2 Comments Filed under: Market Conditions, Announcements, Finances, Buyer Information, Seller Information

• The new short-sale rules

  What sellers can expect from participating lenders starting in April: -- Sellers must be unqualified for a loan modification under the Home Affordable Mortgage Program or be unable to afford the modification. -- The bank will set an acceptable value of Read More... Posted Tuesday, March 16, 2010 9:19 AM by Shelley Mastro | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Buyer Information, Seller Information