by countyproperties | Dec 26, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
FANNIE MAE STREAMLINES MORTGAGE MODIFICATION PROGRAMSFannie Mae recently announced the Streamlined Modification Program (SMP) is now available to Fannie Mae servicers and borrowers as an option to help prevent foreclosures. The SMP enables services to change the terms...
by countyproperties | Dec 18, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
FANNIE MAE STREAMLINED MODIFICATION PROGRAM ANNOUNCED Fannie Mae announced a series of actions designed to help borrowers and loan servicers address potential mortgage problems and prevent unnecessary home foreclosures among the more than 18 million single-family...
by countyproperties | Dec 18, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
In what analysts characterized as a symbolic move, the Federal Reserve yesterday established a target range for the federal funds rate of 0 percent to .25 percent, and said it was committed to expanding its purchases of mortgage-backed securities.”The Federal...
by countyproperties | Dec 13, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Lower mortgage rates and increased affordability is presenting an opportune time for home buyers, especially first-time home buyers, who continue to have the advantage and ability to move quickly on a home purchase without having to first sell their current home....
by countyproperties | Dec 6, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
· Home prices often are driven by immigration, birth rates, the size and nature of households, and incomes – all of which are difficult to predict. Forecasting where jobs and income growth will be stronger and where immigrants and others will want to...
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...
