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Allison Mendez
AMendez

Florida
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"I have been told by multiple managers that this short sale/foreclosure inventory will hit even though much will be washed out it will still hit. Do your self a favor and use a reputable servicer like reo prep or equator. www.reoprep.com or www.equator.com"    View Comment
"Very imformative, thank you."    View Comment
"I have a few customers with floating loans, and I think they should be fine. The fact we are experiencing a double did recession I think the rates should be safe short term."    View Comment
"This measure is designed to account for differences among companies as to when a loan enters the foreclosure process. During the second quarter, the seriously delinquent rate increased to 2.47 percent from 2.23 percent. The rate increased nine basis points for prime loans (from 0.89 percent to 0.98 percent), 94 basis points for subprime loans (from 8.33 to 9.27 percent), decreased eight basis points for FHA loans to 5.18 percent, and decreased 10 basis points for VA loans (from 2.45 to 2.35 percent..."    View Comment
"Mortgage delinquencies in the Fannie/Freddie portfolio are continuing to increase. Loans that are 30 days delinquent increased by 11 percent during the second quarter to 682,000 and loans in the 30-59 day bucket rose 20 basis points to 2.2 percent of all loans. However, 27,000 more loans became 60 or more days delinquent. This is an increase of 21percent and there are now 1.3 million 60+ day delinquent loans in the portfolios. Both of my primary asset managers say that we need to prepare for many..."    View Comment
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