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2008 Anouncement of U.S. IN RECESSION AS OF DEC. 2007

by countyproperties | Dec 6, 2008 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news

The National Bureau of Economic Research on Monday determined that a peak in economic activity occurred in the U.S. in December 2007, and declared the U.S. economy officially in recession since that time. The December 2007 peak marked the end of the expansion that...

Fannie Mae To Suspend Foreclosures Until January 2009

by countyproperties | Nov 28, 2008 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news

Fannie Mae To Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented WASHINGTON, DC — In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE:FNM) today issued a notice to...

New Mortgage modification programs for home owners

by countyproperties | Nov 21, 2008 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has created consumer information sheets detailing the various mortgage modification programs available through the larger lenders and government entities, and also has created an easy-to-use reference chart...

foreclosure assistance programs for home owners

by countyproperties | Nov 13, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

This issue of Mortgage Update contains news and updates on foreclosure assistance programs for borrowers with mortgages issued through Citigroup, and most other mortgages that are owned or guaranteed by Fannie Mae and Freddie Mac.   KEEP THIS IN MIND...

What do I do to get started on buying a home?

by countyproperties | Nov 4, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

Common Questions (FAQ’s) Q-What do I do to get started on buying a home?A-Working with an experienced buyer’s agent, that has knowledge of today’s market is an important first step. It is better to work with one Realtor when searching and buying a...

FED CUTS KEY INTEREST RATE TO 1 PERCENT

by countyproperties | Oct 29, 2008 | Current Affairs, Finance

FED CUTS KEY INTEREST RATE TO 1 PERCENTThe Federal Reserve continued to shave points off the federal funds rate, reducing it by 50 basis points to 1 percent today, the lowest rate in half a century. Analysts characterized the move as another effort to stave off a...
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