Servicers Asked to Consider a $21,000 “Cash for Keys” Option

After reports that the largest mortgage servicers, some attorneys general, and even some government agencies are not comfortable with the terms in the servicer proposal, there has been renewed effort to try to come to a solution that works for all parties. The proposal was given to servicers with the intent of revising and coming […]

Continue reading...

“The Johnny O Show” – Episode#3

Today Johnny O was out in Rockville Centre, New York.  It was a gorgeous sunny day and Johnny was going to check out one of the REO foreclosed assets.  New York Online Realty just assisted in a ‘cash for keys’ in this situation… and Johnny explains exactly what that is. Check out today’s show: [youtube]http://www.youtube.com/watch?v=w2v9bWp_VtI[/youtube] […]

Continue reading...