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Home Archives for Fannie Mae

realpropertycheck.com August 29, 2010

HARP: All You Have to Do is Ask? The Pitfalls of Government-Backed Mortgage Refinancing

Record low interest rates are no good if you can’t get the lender to give you the time of day let alone a new mortgage. Government-administered home refinancing programs are mired in red tape. There are two of them right now and none is working. Here is what awaits you and how to avoid trouble.

IMPORTANT UPDATE: In early November 2010, a federal judge granted a La Jolla homeowner by the name of Kaveh Khast his motion for a temporary restraining order…

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Filed Under: Financing, Homeowners' Club Tagged With: Fannie Mae, foreclosure, Freddie Mac, HAMP, HARP, keeping records, notice of default

The Real Truth behind Today’s Housing Numbers

realpropertycheck.com August 24, 2010

The Real Truth behind Today’s Housing Numbers

Today, the National Association of Realtors reported truly ugly sales of pre-owned homes. The number plunged by 27% to a seasonally adjusted annual rate of 3.83 million, the lowest level since they came up with the first tally over ten years ago. What did they expect? A recovery?

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Filed Under: Buying, Financing, Selling Tagged With: building wealth in real estate, Fannie Mae, Freddie Mac, pre-owned homes

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bankruptcy building wealth in real estate code violations commercial real estate contingency clause deed deed in lieu of foreclosure delinquent loans double-dip Fannie Mae featured FHA foreclosure foreclosures Frank-Dodd bill Freddie Mac GNMA GSEs HAMP HARP home prices homestead IRS junior lien lease option lien loan modifications lot number mortgage mortgage originator no-docs loans notice of commencement phantom profits REO residential robo-signing Robo Gate second liens second mortgage seller financing taxes title company title insurance unsold inventory Zillow

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bankruptcy building wealth in real estate code violations commercial real estate contingency clause deed deed in lieu of foreclosure delinquent loans double-dip Fannie Mae featured FHA foreclosure foreclosures Frank-Dodd bill Freddie Mac GNMA GSEs HAMP HARP home prices homestead IRS junior lien lease option lien loan modifications lot number mortgage mortgage originator no-docs loans notice of commencement phantom profits REO residential robo-signing Robo Gate second liens second mortgage seller financing taxes title company title insurance unsold inventory Zillow

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