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 | Aug 27, 2011 | Latest News, Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate
The Basic Steps of Foreclosure Fannie Mae has publicly assured homeowners going through foreclosure that they will be protected from losing their homes while applying for a federally funded loan modification. They can apply for a modification at any point before or...
by countyproperties | Jul 30, 2009 | Current Affairs, Finance, Real Estate news
New rules protecting home loans effective July 30New rules that revise the disclosure requirements for mortgage loans under Regulation Z (Truth in Lending) go into effect tomorrow. The revisions implement the Mortgage Disclosure Improvement Act (MDIA), which was...