When looking for an open source project management software I decided to go with Open Atrium. When installing I stumbled upon this error after selecting the locale. “Fatal error: Maximum execution time of 60 seconds exceeded in ..\file.inc on line 934″. First I visited the open atrium forums where others have been bitten by this [...]
ADDITIONAL SUPPORT FOR TARGETED FORECLOSURE
OBAMA ADMINISTRATION ANNOUNCES ADDITIONAL SUPPORT FOR TARGETED FORECLOSURE-PREVENTION PROGRAMS TO HELP HOMEOWNERS STRUGGLING WITH UNEMPLOYMENT Treasury’s Hardest Hit Fund Will Provide $2 Billion of Additional Assistance in 17 states and the District of Columbia; HUD to Launch a New $1 Billion Program to Help Unemployed Borrowers in Other Areas WASHINGTON – The Obama Administration today [...]
Pros and Cons of Short vs Foreclosure

Short Sale vs Foreclosure what should I do? Well here is a table explaining the pros and cons Short Sales Foreclosure Pros Cons Pros Cons You can purchase a new home immediately after a short sale You may have to wait five(5) to seven(7) years before a lender will approve your application for a new [...]
Fannie Mae Increases Penalties for Borrowers Who Walk Away

It seems as though the lenders are stepping up and doing their part to reduce the number of foreclosures on their books. Check it out here. Fannie Mae Increases Penalties for Borrowers Who Walk Away Seven-Year Lockout Policy for Strategic Defaulters WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced today policy changes designed to encourage borrowers [...]





