Fannie Mae and Freddie Mac – Who Are They and Why Do We Need Them?
The National Association of Realtors has a message it would like to get across and that message is that "America needs Fannie and Freddie." Who are these people that we have been hearing a lot about in the news lately? They are Fannie Mae and Freddie Mac....Understanding Fannie and Freddie’s Role in the Mortgage Crisis
The National Association of Realtors has a message it would like to get across and that message is that "America needs Fannie and Freddie." Who are these people that we have been hearing a lot about in the news lately? They are Fannie Mae and Freddie Mac....Will a Loan Modification Help you Lower Your Mortgage Payments and Avoid Foreclosure?
Will a Loan Modification Work for you? The term "Loan Modification" is one that is being used often and repeatedly in the news and society today. In spite of its prevalent use, many people are not sure of what a loan modification is exactly. Sure, it is a...Loan Modifications: What Are They and How They Work
Loan modifications have become a common topic for homeowners facing financial hardship but many people still do not fully understand how they work. A loan modification changes the terms of your existing mortgage to make payments more manageable. This post explains the process in simple terms so you can decide whether pursuing a modification is the right path for your situation.
Foreclosure Moratorium: Good or Bad?
When foreclosure moratoriums are put in place the immediate effect is fewer families losing their homes. But the long term impact on the housing market is more complex. This post explores both sides of the moratorium debate and what it means for homeowners and buyers in areas hit hardest by the foreclosure crisis.
