Linda Young – AHN News Writer Washington, DC, United States (AHN) – Some struggling homeowners who are in foreclosure proceedings are getting a gift from an unlikely source: no eviction over the holidays. Fannie Mae (FNMA, Fortune 500), Freddie Mac (FMCC, Fortune 500) say they will not evict anyone from Dec. 19 through Jan. 2. [...]
Posts Tagged ‘Fannie Mae’
Fannie Mae, Freddie Mac spark holiday eviction moratorium by banks
December 4th, 2011 
davidguide 
Posted in Mortgages 
Tags: AHN, credit portfolio management, eviction, Fannie, Fannie Mae, financial challenges, foreclosure proceedings, foreclosure sales, fortune 500, Mae, terry edwards, Young 
Comments OffNew fed rules to aid more underwater homeowners
October 25th, 2011 davidguide Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Monday morning the Federal Housing Finance Agency announced new rules that will allow many more “underwater” homeowners, those who owe more than their properties are worth, to refinance at current historical low mortgage rates. Up to a million borrowers are expected to take [...]
Posted in Mortgages Tags: AHN, dc united, depressed economy, economy, Fannie Mae, fannie mae and freddie mac, Finance, housing, housing finance agency, low mortgage, Mortgage, news reporter Comments OffU.S. to sue big banks over risky mortgages
September 5th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The Federal Housing Finance Agency (FHFA) is set to sue a dozen banks over risky mortgage-backed securities they sold and that lost value during the housing collapse, according to reports from the Wall Street Journal and the New York Times. The suit [...]
Posted in Mortgages Tags: AHN, Bank, dozen, Fannie Mae, Finance, goldman sachs, housing, housing finance agency, jp morgan chase, mortgage backed securities, mortgage buyers, subprime loans Comments OffGetting Straight Forward Loan Modification Help
November 2nd, 2009 davidguide With today’s current economic conditions, foreclosure has become a rampant result of so many house loans. Because of this, loan modification help might be the best way you can receive assistance if your home is on he brink of foreclosure. This help has been made possible by the current administration led by the President.. It [...]
Posted in Bad Credit Loans Tags: american families, current administration, existing home, Fannie Mae, first mortgage, help, home, Loan, loan modification, modification, Mortgage, mortgage payment Comments OffThree Steps To Getting The Best Mortgage Deals With Bad Credit In Today’s Mortgage Market
October 4th, 2009 davidguide Today’s mortgage market is different than anyone has ever seen in the history of mortgages. Getting your best mortgage deal may require a little homework on your part, but they are out there. Many of the mortgage programs that used to be available to home owners and future home owners are simply gone. However in [...]
Posted in Mortgages Tags: Credit score, Fannie Mae, Federal Housing Administration, Freddie Mac, Loan, Mortgage, Mortgage loan, Refinancing Comments OffGetting a Mortgage in 2009
September 2nd, 2009 davidguide With the economy in trouble and the declining housing market all over the news, it might surprise you that now is an excellent time to get a mortgage. However, if your credit is bad, you will likely not qualify. Borrowers with decent credit can get an excellent deal on a fixed-rate, 30-year conforming mortgage. To [...]
Posted in Mortgages Tags: Adjustable-rate mortgage, Business, Fannie Mae, Federal Housing Administration, Freddie Mac, Loan, Mortgage, Mortgage loan Comments Off