Securitization Audit and Foreclosure Analysis

Alright, so yesterdsay I'm talking with my college age Grand-Daughter Ashley about a conversation I had with her Dad (my 45 year old Son) last Friday where he asked me to explain to him what it is I 'do' these days. After we finished that talk, I decided it would be a good idea to create a new page on my website ... took me half the day Saturday: http://cugno.net/whatwedo.htm ... I asked her to show it to him :-)

Happy Father's Day !

To all you Dads out there, have a delightful day today with your Family today!

Drop in Non-Current Loans About 7Xs Higher in Non-Judicial States

"The percentage of loans not current, which includes 30-plus delinquencies and foreclosures, declined almost 7 times more in non-judicial states compared to judicial states, according to the LPS Mortgage Monitor report for April. Year-over-year, non-judicial states saw an 8.2 percent drop in non-current loans while in judicial states, the yearly decrease was only 1.2 percent. Foreclosure starts numbered 181,584 in April, down 2.6 percent from the previous of March and a 3.1 percent drop from a year ago. On the other hand, FHA foreclosure starts saw a 73 percent increase."

How about this news piece from early today, interesting huh? Tells me we better 'pump-up' our Marketing  efforts toward attorney's in Florida, and slow down in California!