by countyproperties | Mar 5, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
FANNIE, FREDDIE ANNOUNCE MAKING HOME AFFORDABLE INITIATIVESFannie Mae today began making two new initiatives, Home Affordable Refinance and Home Affordable Modification, available to its servicers and borrowers as part of the Obama Administration’s Making Home...
by countyproperties | Feb 26, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The housing bailout: Do you qualify?The housing bailout: EZ to READ summary for homeowners & buyers & sellers.In recent weeks, the government, both on a federal and state level, have announced new tax credits for home buyers, housing stabilizations plans, and...
by countyproperties | Feb 19, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Following several months of debate and delays, our state representatives in Sacramento delivered a 2009-2010 budget to Governor Schwarzenegger today. The governor is expected to sign the budget as presented. Although details are sketchy, the budget appears to raise...
by countyproperties | Feb 19, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
President Obama unveiled the Homeowner Affordability and Stability Plan, which will offer assistance to as many as 9 million homeowners, while attempting to prevent the destructive impact of foreclosures on families and communities. The plan contains three main...
by countyproperties | Feb 19, 2009 | Finance
Home buyers to be dinged with new fees, beginning April 1, 2009 Fannie Mae and Freddie Mac will increase mandatory fees and toughen credit-score and down-payment rules. Under the new guidelines, applicants will be charged more for down payments of less than 30...
by countyproperties | Feb 19, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Often the changes involve easing up on the interest rate or changing the payment schedule to give you more breathing room. Banks can offer loan modifications or other programs if you’re behind — or will soon be — on a mortgage.Often the changes...
