Recent content by lendingmaestro_IHB

  1. lendingmaestro_IHB

    Foreclosure Process question...

    There are also Redmption and Confirmation states that give the owner (homedebtor) addtional days to cure they account and "redeem" the property. The timelines for Confirmation states are generally 60-75 days and up to 90 days for Redemption states.
  2. lendingmaestro_IHB

    Foreclosure Radar is not a good source to use to determine the size of shadow inventory

    As always, that depends on where you go. FHA deals can rarely be done in less than 30 days. There are some places you can get loans done in less than 2 weeks. FYI...I just did a search on my system and found 4 active REO's for sale in Irvine. Incidentally I found FIFTY ONE properties in...
  3. lendingmaestro_IHB

    Foreclosure Radar is not a good source to use to determine the size of shadow inventory

    The bottom is NOT in. All of my aforementioned points indicate a bottom far into the future.
  4. lendingmaestro_IHB

    Headlines...

  5. lendingmaestro_IHB

    Foreclosure Radar is not a good source to use to determine the size of shadow inventory

    When people speak of "shadow inventory" as some diabolical and manipulative scheme by banks to hide inventory they are sorely mistaken. In this sense there is NO SUCH THING as shadow inventory. I am in the employ of a leader in the electronic disposition of REO assets. 60% + of all...
  6. lendingmaestro_IHB

    BAC fined a measly 33 Million by SEC

    Top Stories BofA Pays $33M SEC Fine for Misleading Investors- AP Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. THATS IT??? A measly 33 Million??? Let's see...
  7. lendingmaestro_IHB

    Headlines...

    The point is, they RAISED tax rates and will recover LESS tax revenue. Proof that higher tax rates do not equal higher tax revenues. Whether people make less money, move out of state, or increase their write-offs, they are all results of higher taxes
  8. lendingmaestro_IHB

    Retail closures in Irvine

    I used to live in Quail Hill before moving to Northpark. Two-three years ago you couldn't find a parking spot during lunch. I never really liked any place in that plaza anyways.
  9. lendingmaestro_IHB

    Name the animal that left this track print

    Looks like some considerable claw length is involved. My guess would be it is a coyote. Big cats do not walk with their claws out, as they can retract them. The cat could have had it's claws out though, if prey was nearby. More than likely this is a coyote. It could also be a dog that hasn't...
  10. lendingmaestro_IHB

    Thoughts on Avenue one.

    You don't even get a garage! Ridiculous.
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