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Fannie Mae Allows renters to Stay in Foreclosed Homes

Posted at by Howard Bell
November 19th, 2009 4:14 pm
Tagged with: fannie mae, foreclosure, renters
A National Crises There was so much interest in this new Fannie program that I dug a little deeper and wanted to share some of this. The problem is that many renters who pay rent on time are find... [Read More]

Fannie Mae Gets Into The Home Rental Business

Posted at by Howard Bell
November 14th, 2009 1:25 pm
Tagged with: fannie mae, foreclosure, rent
Good News for foreclosure victims Some homeowners will get an option to rent the home that they just lost. Its possible to stay in your home as a renter. Fannie Mae will give borrowers facing fo... [Read More]

Government Unveils New Mortgage Assistance

October 29th, 2009 9:18 am
Government Unveils New Mortgage Assistance by Gordon Jones The Obama Administration is sending more help to the housing market. On Monday, a new government program was revealed that wil... [Read More]

Government Unveils New Mortgage Assistance-

October 29th, 2009 8:29 am
Government Unveils New Mortgage Assistance by Gordon Jones The Obama Administration is sending more help to the housing market. On Monday, a new government program was revealed that wil... [Read More]

100,000 Homes in Shadow Inventory

September 28th, 2009 10:42 am
Categorized in: Real Estate Trends
Fannie and Freddie have over 100,000 homes in their shadow inventory, and this number is rising.

New Conforming Mortgage Guidlines Effective Sept. 1, 2009

August 31st, 2009 8:30 pm
Categorized in: Important Real Estate News
New mortgage guidelines may negatively impact some borrowers starting September 1st.

Fannie and Freddie Mac Programs Help Struggling Homeowners

August 29th, 2009 6:26 pm
In March of this year, the Obama Administration authorized a new federal program to help stabilize the housing industry. The feds poured a mere $75 billion into the Making Home Affordable (MHA) mortg... [Read More]

AMC Is Not Always a Theatre Chain

August 25th, 2009 12:53 pm
Categorized in: Real Estate Trends
AMCs are a new tool for the lending industry and they do not appear to be fulfilling their purpose.

The Appraisal Mess

August 21st, 2009 3:00 pm
Categorized in: Business of Real Estate
The new Fannie Mae/Freddie Mac appraisal rules are affecting us here in Virginia. If you're buying or selling you should know what problems you're likely to encounter.