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Fannie, Freddie Mac complete nearly 2 million foreclosure-prevention actions

by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales

Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...

Taskforce created to combat HAMP scams

by countyproperties | Dec 10, 2011 | Latest News, loan modification, San Diego Short Sales

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at...

How to overcome roadblocks that lead to foreclosure

by countyproperties | Nov 18, 2011 | Latest News, loan modification, Real Estate news, Short Sales

New Mortgage aid programs for Calif. borrowers

by countyproperties | Nov 18, 2011 | Latest News, loan modification, Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales

The mortgage-aid effort, called Keep Your Home California, so far has helped close to 8,000 low- and moderate-income households that are behind on loan payments or close to default, according to agency leaders. “This expanded eligibility will allow more families...

New changes for HARP to help more homeowners

by countyproperties | Oct 31, 2011 | Finance, Latest News, loan modification, Short Sales

The Federal Housing Finance Agency, along with Fannie Mae and Freddie Mac, on Monday announced changes to the Home Affordable Refinance Program (HARP) to help more borrowers. The program will continue to be available to borrowers with loans sold to Fannie Mae and...

Freddie Offers New Loan Mod Option

by countyproperties | Sep 17, 2011 | Latest News, loan modification, San Diego Real Estate, Short Sales

Financially distressed homeowners with Freddie Mac mortgages will have a new option for loan modifications beginning next month. The new option, called a Standard Modification, is designed for borrowers who are ineligible for a Home Affordable Modification Program...
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