Popular Mortgage Industry News

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Borrowers facing foreclosure can now lease back their homes
In its effort to avoid foreclosures, Fannie Mae will now allow some borrowers to lease back their properties when they are facing foreclosure. Borrowers will ...
Shared by Sara - 2 years, 3 months, 1 day, 14 hours, 43 minutes, 37 seconds ago
272 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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Votes
No loan modification for those getting unemployment benefits
According to a new guideline issued by Fannie Mae, the unemployed borrowers receiving unemployment benefits will not be able to qualify for loan modification. The ...
Shared by Sara - 1 year, 4 months, 2 weeks, 2 days, 10 hours, 43 minutes, 4 seconds ago
272 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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Votes
Jumbo Mortgage Rates Are Lower Than Ever
Jumbo Mortgage Rates Are At An All Time Low. Rates are now below 4.50% for Jumbo Mortgage Loans. You can get the lowest jumbo rates ...
Shared by Bg0427 - 2 years, 6 days, 4 hours, 36 minutes, 33 seconds ago
287 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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Votes
Treasury plans a number of actions to speed mortgage relief
Hi all, The Govt. seems to have become active to help the struggling borrows with lower payments through loan modification programs. The US Department of Treasury ...
Shared by Jerry - 2 years, 2 months, 1 week, 2 days, 1 hour, 24 minutes, 6 seconds ago
316 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

  2

Votes
Walking away from the mortgage is a big step
The nations two largest mortgage providing companies, Fannie Mae and Freddie Mac, are warning the delinquent homeowners to think twice before walking out of the ...
Shared by Larry - 3 years, 9 months, 3 weeks, 6 days, 17 hours, 8 minutes, 22 seconds ago
484 visits | 1 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

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Votes
30 year mortgage rates drop below 5%
30-year fixed mortgage rates have dropped below 5% as the Federal Reserve declared that it would double the purchases of mortgage debt to reduce rates ...
Shared by Niicss - 2 years, 10 months, 3 weeks, 1 day, 14 hours, 7 minutes, 21 seconds ago
334 visits | 2 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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Votes
Event to offer counseling to the homeowners on mortgage mess
Saturday on 12th April 2008, the county residents who are facing problems on making their mortgage payments can have free loan counseling at Smart Money ...
Shared by Larry - 3 years, 10 months, 3 days, 6 hours, 3 minutes, 34 seconds ago
538 visits | 1 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

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