by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news
The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...
by countyproperties | Sep 17, 2011 | Latest News, loan modification, San Diego Real Estate, Short Sales
Financially distressed homeowners with Freddie Mac mortgages will have a new option for loan modifications beginning next month. The new option, called a Standard Modification, is designed for borrowers who are ineligible for a Home Affordable Modification Program...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
When income is freelance or self employed these are the challenges to overcome. After the financial market downturn in 2008, getting approved for a mortgage loan became even more difficult. Combine that with the fledgling economy, which left many people turning to...
by countyproperties | Jul 8, 2011 | Finance, Latest News, Real Estate news
For the clearest sign yet that U.S. housing reform is floundering, just take a look at the latest proposal. Two lawmakers, with industry lobbyists in tow, are heralding a union of Fannie Mae and Freddie Mac , which would leave the government still in charge. Even more...
by countyproperties | Jun 11, 2010 | Latest News
What does this mean to you? If your loan is with Fannie or Freddie then you may qualify to receive $3,000.00 at the close of escrow of shortly thereafter, by selling your home short sale. In order to see if you qualify you must have already qualified for, but did not...