|
||||||
    |
In an effort to trim its supply of REOs Fannie Mae has initiated a program to help finance investment property. Through the HomePath program resident-owners can qualify for a 3% down payment loan; 2nd home buyers can qualify for a 10% down payment program; investors can own Fannie Mae property [...] A couple of stories in the news this past week document attempts by state and federal officials to crack down on housing-related fraud. A Treasury Department audit showed that 1200 prison inmates received homebuyer tax credits. Penitentiary return addresses were one of the big tip-offs. Treasury found many duplicate tax [...] Fannie Mae has issued new rules for lending to those who have strategically defaulted on a mortgage in order to stem the increasing tide of loan defaults by those who can technically afford to hang in there. Those who walk away from a mortgage or fail to work in good [...] HAMP Participants Find Credit Scores are Dropping Many homeowners who tried to do the right thing by saving their home through a loan modification under the Home Affordable Modification Program are being startled by the news that their credit score has fallen by 100 points or so as a result. [...] We don’t have answers yet for your Fannie Mae and Freddie Mac questions. We do however, have the following deals for you… These have NOT been posted to our homepage yet. They will be posted later today. You are getting the preview, the first shot. 1. Atlanta, GA – Unlisted [...] Earlier this week we posted two items to our blog. The first was that we were about to post 13 luxury homes online at discount prices. The second was seeking help to move Fannie Mae and Freddie Mac stock. We would like to update everybody on both of these issues. [...] Does anyone have contacts who are interested in buying property sourced from Fannie Mae or Freddie Mac? They’re practically begging us to move some stock and we need all the help we can get. Urgent! |
  
  
|
||||
|
    Copyright © 2012 Realestate, Luxury Goods - All Rights Reserved - Posts Feed - Comments Feed - Support - Disclaimer Powered by WordPress & Atahualpa Powered by WishList Member - Membership Site Software
|
||||||
Recent Comments