by countyproperties | Dec 10, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
The U.S. Dept. of the Treasury last week announced the Home Affordable Foreclosure Alternatives Program (HAFA), which provides financial incentives to servicers/lenders, borrowers, and investors for a closed short sale or a deed-in-lieu (DIL). Program goes into effect...
by countyproperties | Dec 10, 2009 | Finance
Investors Showing an Appetite for Bonds Backed Even by the Weakest Real Estate Sector and No Government Support The commercial mortgage bond securitization window that has been closed for nearly two years during this recession has reopened for business in...
by countyproperties | Dec 10, 2009 | Finance
Wells Fargo is one of County Properties business partners. I thought this would be useful if you have a Wells Fargo existing mortgage on your home.Wells Fargo Home Mortgage programs, including the new options available through the Home Affordable Refinance program,...
by countyproperties | Dec 3, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren’t doing enough to help borrowers at risk of losing their homes. Treasury Department officials...
by countyproperties | Dec 3, 2009 | Finance, Real Estate news
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010....
by countyproperties | Nov 20, 2009 | Finance, Real Estate news
FHA, FANNIE MAE, AND FREDDIE MAC LOAN LIMITS Q 1. What are the loan limits under the Recovery Act? A The Recovery Act has increased the maximum conforming loan limit from $625,500 to $729,750 for FHA, Fannie Mae and Freddie Mac loans. These higher loan limits are...