1/6/2010 1:57:00 PM
CANT PAY YOUR MORTGAGE...DEED FOR LEASE ANYONE?
Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could ...
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11/13/2009 8:42:00 AM
Home buyers using FHA~ update.
FHA has a federally mandated reserve requirement of 2%. The audit today (11/12/09) came out at having only 0.53% in reserves. It was expected to be less than 2% but not this low. This means we should be strapped in for a bit of turbulence with FHA. Unlike ...
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