by countyproperties | Feb 12, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Fannie Mae recently announced an expanded policy regarding multiple mortgages to the same borrower. To help support the recovery of the housing market, Fannie Mae is increasing its limit from four loans per borrower when the mortgage being delivered to Fannie Mae is...
by countyproperties | Feb 5, 2009 | Current Affairs, Finance
FYI The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors...
by countyproperties | Feb 5, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Obama says time for action on recovery plan is now WASHINGTON – President Barack Obama says the time for talk on an economic recovery package is over and “the time for action is now.” Speaking at the Energy Department, Obama made a fresh plea for the...
by countyproperties | Feb 5, 2009 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news
FREDDIE MAC LAUNCHES NEW WORKOUT PLAN FOR HIGH-RISK LOANSFreddie Mac yesterday announced a new Workout Strategy For High Risk Loans pilot program designed to keep more at-risk borrowers in their homes by employing third-party servicers that specialize in servicing...
by countyproperties | Jan 22, 2009 | Current Affairs, Finance, Real Estate news
While still low, the index of consumer sentiment unexpectedly rises to 61.9 in January from 60.1 in December. NEW YORK (Reuters) — U.S. consumer confidence rose slightly in January but remained at comparatively depressed levels, with continued expectations...
by countyproperties | Jan 22, 2009 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The Internal Revenue Service (IRS) recently announced it will expedite its process of providing relief from federal tax liens for distressed homeowners. With more than one million current federal tax liens against real and personal property, the IRS announcement...