This mortgage relief article from Fannie Mae was in RealtorMag 01/12/2012… Fannie Mae says it will be providing more mortgage aid to the unemployed, possibly extending the forbearance period to up to a year to those who qualify. Starting on March 1, Fannie Mae will require mortgage servicers to extend the forbearance relief to qualified…
Continue Reading »
Found this article in RealtorMag about foreclosures, dated 01/12/2012… Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports. During 2011, one in every 69 homes received a foreclosure filing and 804,000 homes were repossessed — compared to 1.05 million homes that were repossessed during the foreclosure…
Continue Reading »