by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news
The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...
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...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
When income is freelanceor self employedthese are the challenges to overcome. After the financial market downturn in 2008, getting approved for a mortgage loan became even more difficult. Combine that with the fledgling economy, which left many people turning to...
by countyproperties | Jul 8, 2011 | Finance, Latest News, Real Estate news
For the clearest sign yet that U.S. housing reform is floundering, just take a look at the latest proposal. Two lawmakers, with industry lobbyists in tow, are heralding a union of Fannie Mae and Freddie Mac , which would leave the government still in charge. Even more...
by countyproperties | Jun 11, 2010 | Latest News
What does this mean to you? If your loan is with Fannie or Freddie then you may qualify to receive $3,000.00 at the close of escrow of shortly thereafter, by selling your home short sale. In order to see if you qualify you must have already qualified for, but did not...
