Obama’s Mortgage Relief Plan: Make Home Affordable
Learn About the Making Home Affordable Refinance and Modification Options. The President’s plan was created to help millions of homeowners refinance or modify their mortgages. Read the story »
How to prevent Foreclosure
If you fall behind in your monthly house payments, the seller or lender may try to take the house back. This is generally called foreclosure. If a house is foreclosed, you may lose not only your house, but also all of the money you’ve invested. A foreclosure or a deficiency judgment could seriously affect your ability to qualify for credit in the future. Avoid this if at all possible.
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What are Fannie Mae and Freddie Mac, and why are they in trouble?
Fannie Mae and Freddie Mac: initialisms for the government-sponsored enterprises, short for Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC). Read the story »
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Obama’s Mortgage Relief Plan: Make Home AffordableLearn About the Making Home Affordable Refinance and Modification Options. The President’s plan was created...
How to prevent ForeclosureIf you fall behind in your monthly house payments, the seller or lender may try to take the house back. This is generally...
What are Fannie Mae and Freddie Mac, and why are they in trouble?Fannie Mae and Freddie Mac: initialisms for the government-sponsored enterprises, short for Federal National Mortgage Association...
