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New Short Sale Policies Reported To Be On Their Way

April 25th, 2012 11:01 am
Categorized in: Real Estate News
The news website Market Watch reports Freddie Mac and Fannie Mae will adopt new policies for short sale properties, starting in June.

FHFA Announces New Policy to Speed Up Short Sales

April 21st, 2012 1:04 pm
The Federal Housing Finance Agency announced a new policy to speed up the short sale process which mortgage servicers use to handle and process short sales, deeds-in-lieu, and deeds-for-lease for mortgages that are backed by Fannie Mae and Freddie Mac.

The New Mortgage Plan - HARP 2.0 –

April 1st, 2012 5:52 pm
Categorized in: Mortgage Mondays
Tagged with: fannie mae, freddie mac, harp 20
This week’s topic from Motgomery Mortage Solution's Michael Budinich is HARP 2.0. He will address: What is HARP 2.0? Who is eligible? How do I get started? What is... [Read More]

Another Re-Fi Boom for Home Owners?

March 9th, 2012 4:56 am
There have been a few developing (and some already existing) programs that are worth mentioning, as the newspaper headlines applaud the opportunity. With interest rates remaining at near historic lo... [Read More]

Why Did Fannie & Freddie Get $12.79 Million Bonus?

March 5th, 2012 8:50 am
Despite the amount of money the US government has given to Fannie Mae since 2008, their executives received $12.79 million in bonuses.

Bank of America Stops Selling Loans to Fannie Mae

February 27th, 2012 8:30 pm
Bank of America has stopped selling some mortgages to Fannie Mae because of a dispute arising from claims related to soured home loans, the bank said in a filing on Thursday. Starting in February, the second-largest U.S. bank said it stopped delivering

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