Tag Archives: mortgages

New Servicing Rules Issued by Fannie Mae for Delinquent Mortgages

Fannie Mae has announced new standards for mortgage servicers regarding default prevention, managing delinquent loans and foreclosure time frames. The new rules are supposed to help with problems in mortgage servicing, including inadequate communi

Related posts:

  1. Fannie & Freddie Issue New Guidelines for Delinquent Mortgages
  2. Pressure Mounting for Creation of National Mortgage Servicing Rules
  3. Fannie Mae to Offer Buyer Assistance on REOs

Short Sale Daily News » Short Sale Daily News amy
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Your Leadership Needed: Nearly Half of Home Buyers Surveyed Don’t Understand Essential Information about Mortgages

RISMEDIA, May 5, 2011—As the housing market continues to struggle, home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow® Mortgage Marketplace survey.…

RISMedia » Today’s Top Story susanne
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Diverse Groups Respond to Proposed Rule for Qualified Residential Mortgages

RISMEDIA, April 8, 2011—The National Association of Home Builders (NAHB) hosted a media teleconference recently, along with other industry and consumer groups and finance experts, to discuss the negative impact that overly restrictive lending rules recently proposed by the Federal…

RISMedia » Today’s Top Story susanne
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Fannie Mae and Freddie Mac Pressured to Write Down Mortgages

Key members of the White House and numerous federal housing officials are now applying more pressure to Fannie Mae and Freddie Mac to reduce loan balances for underwater borrowers. The number of such borrowers is growing, with nearly a quarter of the

Related posts:

  1. Fannie Mae/Freddie Mac loan modifications increase in 2nd Quarter
  2. Foreclosure Sale Ban Lifted by Fannie Mae and Freddie Mac
  3. Fannie and Freddie Bailout Costs Could be

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Delinquent Mortgages at 14% and RISING!!!

Everyday I hear people ask, "Do you think the real estate market has finally hit the bottom?"  Depending on what side of the fence you are on, you may not like the answer. NO!  For many, this is the best real estate market in the world, for others it is the worst.  It all depends on if you are an educated Investor or a Distressed Home Owner. 

Here’s is some recent info from Reuters:
 
Nearly

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