Thursday, April 27th, 2017

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We’re Back!…And De-Hacked!…Here, Have Some Links!

Hey, guys – So the deal is, I’ve been unable to post here for quite some time.  Seems December was the month for our site to be targeted by some Saudi hacker who wanted to use our server to wage Jihad on the world wide web.

But here we are, about a month and a half and a few hundred bucks later  (gladly investing in a website security expert who brought us back to life) .  And not only are we back to life again, but I’m backlogged on stuff to post!

So…having said that, here’s a few tasty links to articles and blog posts I’ve found useful, helpful,  or enjoyable in one way or another within the last few days.

CNBC: Big Banks Accused of Short Sale Fraud

“Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage fraud and another mortgage meltdown, there appears to be yet a new mortgage fraud out there today, allegedly perpetuated by agents of, yes, the big banks…”

The Real Estate Bloggers: HUD Subpeonas 15 FHA Lenders Over Mortgage Defaults

“We aren’t making any accusations at this time, we have no evidence of wrongdoing, but we will aggressively pursue any indicators of fraud,” HUD Inspector General Kenneth Donohue said. “The fact that there are 15 institutions on this list today does not in any way suggest that there aren’t other institutions that we will not look at later.”

Reuters: Fannie Mae to Bend Rules for Some Florida Condos

“Fannie Mae, the largest funder of U.S. home mortgages, on Thursday said it is making it easier for some Florida condo buyers to qualify for loans in a bid to stabilize one of the worst-hit real estate markets.

The housing finance giant said it is reassessing hundreds of Florida condo projects to see if they are “sufficiently stable” enough to qualify for funding, even if they don’t meet current requirements, Fannie Mae said in a statement.”

Inman: Fannie Mae Expedites REO sales

“Fannie Mae has adopted a new policy in which it may accept offers to purchase homes it has repossesed without notifying loan servicers.

Loan servicers may be required to reimburse Fannie Mae for a loss if it turns out the original mortgage on the home did not meet its eligibility or underwriting requirements.”

Build Bankroll: Steve the Landlord

“I’ve been a landlord for almost 5 months now.  I have learned a lot of different things along the way, but so far it has been easier than I thought it would be.  The main part is, since we have a crew of workers, we can easily get stuff fixed for tenants when it is our responsibility to fix…Some of the things I have learned:…” (interesting tips follow)

RevNyou: A Broad Rant About Guru Real Estate Investing Courses

“…At this point one of the new real estate investors in the room raised her hand. She said “I just took a real estate investing course that told us to go out and get as many credit cards as possible. They said that having all that credit was a good thing.”

Hey, got any other articles or blog posts that have turned you on recently?  Share it!  Post ’em in a comment below…

Take care,

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About 

JP Moses is a roughly-hewn man-child who first got into REI after reading Rich Dad, Poor Dad back in Y2K and went full time in 2002. He's tinkered in everything from landlording to short sales to rehabs to Realtoring to REOs to notes to owner financing, blah, blah, blah...Till he finally stuck his flag deep into wholesaling and has since flipped somewhere north of a couple hundred deals.

JP's not a “guru” but also doesn't think it's a bad word. Among his core values are authenticity, creativity, big honkin' value, general fun-ness and being unshaven. He's super proud to be chief blogger guy at REItips.com and host of the free REIology podcast. He also thoroughly enjoys sharing his 53 best real estate investing forms with anyone who wants them. You should totally check that out. :-)

  • Thanks for the shout out to my ranting post JP! I appreciate it. I am happy your blog is back!! What a pain to be hacked and have to sort it all out again. Thank goodness for the technical people out there that can solve such problems eh??
    .-= Julie Broad´s last blog ..A Broad Rant About Guru Real Estate Investing Courses =-.

  • Thanks for the shout out to my ranting post JP! I appreciate it. I am happy your blog is back!! What a pain to be hacked and have to sort it all out again. Thank goodness for the technical people out there that can solve such problems eh??
    .-= Julie Broad´s last blog ..A Broad Rant About Guru Real Estate Investing Courses =-.

  • jp

    Thank goodness for techies indeed, Julie! If you ever need a WordPress security expert, I got your gal now!

    …jp

  • jp

    Thank goodness for techies indeed, Julie! If you ever need a WordPress security expert, I got your gal now!

    …jp

  • Thank’s for the Links above. Will be reading these articles with interest.