25 June 2010 ~ 1 Comment

Fannie Mae Increases Penalties for Borrowers Who Walk Away

Fannie Mae Increases Penalties for Borrowers Who Walk Away

Fannie Mae has decided to drop the hammer a bit on homeowners that are ‘strategically defaulting’ on their home loans.  This is not very surprising actually with people walking away from their home at a record pace. The word from Fannie Mae is that you will be BARRED from obtaining a Fannie Mae backed loan [...]

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29 May 2009 ~ 1 Comment

Are you eligible for a loan modification?

Are you eligible for a loan modification?

Find out if you are eligible for a home loan modification or refiance by vistiting the Home Affordable Refinance Program website.

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20 April 2009 ~ 2 Comments

Washington State Loan Modifications – Can you do your own?

Washington State Loan Modifications – Can you do your own?

There are new home loan modification programs hitting the streets right now, and home owners all across Washington state are taking advantage of them!  The question that I am hearing a lot is ‘can I do my own loan modification?’  The answer is YES!  With the crisis in the real estate market, came a flood [...]

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18 March 2009 ~ 2 Comments

If you can't pay your mortgage, get help!!!

I want to shout that to everyone across country!  A recent study has shown that a stunning 70% of homeowners that are behind on their mortgage never seek any outside help in dealing with the problem.  Homeowners need to realize that the banks don’t want to foreclose on their homes and are generally willing to [...]

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