The Home Affordable Refinance Program or HARP may be in its waning days, but is still being used by upside down homeowners. The Federal Housing Finance Agency (FHFA) released its Q1 Refinance Report showing that Fannie Mae and Freddie Mac completed over a half million refinances throughout the ... » Learn More about HARP Continues to Help Upside down Homeowners
Short Sale
HAMP out and new foreclosure reduction put in
Freddie Mac announced that the Freddie Mac Flex Modification foreclosure prevention program will replace the Home Affordable Modification Program or HAMP that expires at the end of 2016. Both programs were designed to assist at-risk families reduce their monthly mortgage payments. HAMP out and ... » Learn More about HAMP out and new foreclosure reduction put in
Troubled property owners receive a holiday break
No one will be evicted from their home during the holiday season, say most mortgage lenders, who traditionally delay evictions or foreclosures during the holidays. Troubled property owners receive a holiday break Both of the major government sponsored enterprises (GSEs) - Fannie Mae and ... » Learn More about Troubled property owners receive a holiday break
Congress may very well be homeowners Grinch this Christmas
Could it be a grim and grinchy December for thousands of homeowners facing ongoing challenges with their mortgage payments and property values? Could popular deductions for mortgage insurance premiums and energy-efficient renovations abruptly vanish? Congress may very well be homeowners Grinch ... » Learn More about Congress may very well be homeowners Grinch this Christmas
Where to start If You Can’t Pay Your Mortgage Payment
Whatever you do, don't skip a payment and think nobody will notice. Living paycheck to paycheck is not really uncommon for most homeowners. And quite often, when you find yourself in a bind and you’re struggling to make the next mortgage payment, you may be tempted to try and skip a payment, ... » Learn More about Where to start If You Can’t Pay Your Mortgage Payment