Greg Cowart on Zillow
Greg Cowart - Mortgage Broker or Lender at The Securus Group
Greg Cowart - Roseville Loan Guy

Get My Mortgage App!

Enter you number and receive via text or scan the QR code below...

Delinquencies down to pre-crash levels for first time in 7 years.

A common theme on this blog over the years, “shadow inventory” and the future of distressed sales (foreclosures and short sales), is coming up one more time. While conventional wisdom for years has been every bit of good news on the housing front has been a bunch of hype I have been sharing […]

Is this too late? Good news never is!!!

I know I know, it has been a long time since I have posted. And I meant to post this a few weeks ago, a HAPPY NEW YEAR and WELCOME 2013 post if you will. So consider it a belated one of those… 🙂

2012 was a very interesting, and depending […]

New & Improved Short Sale Guidelines Changing The Game?

The Federal Housing Finance Agency (FHFA) has announced new, more clear, guidelines, for mortgage companies that will bring many short sale programs into just one and streamline the timeframes as well. The new short sale streamline program is going to enable lenders to speed up the process of qualifying eligible homeowners, which should, […]

Real Estate News: Does it mean what it looks like?

I puzzled over a bit of seemingly self-negating information Tuesday. Housing starts in the month of March declined by a striking 5.8%. This takes some of the wind out of our sails. Obviously, we don’t get to continue moving toward a sustainable recovery on a straight, easy-to-negotiate path, it’s a little more complicated […]

Just the facts Ma’am!

Some facts about the recent Mortgage Relief agreement between the banks and, well, us…

FACT#1: The main fact here is that mortgage servicers will be required to contribute $20 billion to various forms of relief to borrowers.

FACT #2: Of said $20 billion no less than $10 billion […]

Fannie & Freddie making important policy changes…

If you’re unemployed and in danger of going into default on your mortgage the nation’s Government Sponsored Enterprises (GSE’s), Fannie Mae & Freddie Mac, are making some important changes to their foreclosure and forbearance (when the bank suspends collection of payments for a period of time, kind of like a timeout on making […]

Another month of positive homes sales for the Sacramento region

Home sales in the Sacramento region rose yet again last month, beating the rest of the state (which also rose with us, only not as much). Over 2,400 homes sold across the region in November, up just shy of 12% year over year.

It was the fifth month in a […]

New Mortgage Help Center in Sacramento

When it opens in a few days, Sacramento area homeowners will have a new resource in Fannie Mae’s new Mortgage Help Center. The new center will provide counseling for homeowners that owe more on their home than it is worth as well as those seeking to modify their loans. To qualify for the […]

Gov Brown just signed a bill that makes short-sales a little bit safer

Governor Jerry Brown just signed a new California law (SB 458) that will further protect homeowners looking at short sales by ensuring the current lien holder/servicer cannot go after the homeowner after the short-sale closes (usually done in the form of a “deficiency judgment”).

A short-sale is when the bank allows […]

Credit Makeover In Five Steps

My friends at local credit repair agency, Blue Water Credit Repair, gave me this GREAT five step path to a credit makeover. While I know all of this myself I can’t take credit for putting it into words (and Blue Water taught me a bit of this stuff anyways). Here you go, a free five […]