SellingNorthernNV

Keeping you informed on all things real estate

Foreclosure Prevention Options

admin | August 21, 2009

There are several options that may be available to homeowner who are in default, or about to be in default on their mortgage. These options include: Loan Modifications, Prepayment Plan, Making Home Affordable, Short Sale, Deed in Lieu of Foreclosure, and more.

Q&A: Making Home Affordable Program: Refinance

admin | August 21, 2009

The Making Home Affordable program allows eligible homeowners to refinance or modify their loans to a payment that is more affordable. It is broken into two parts; the Home Affordable Refinance, and the Home Affordable Modification. The following are common Questions and Answers on the Making Home Affordable Refinance:

Q&A: Making Home Affordable Program: Modification

admin | August 3, 2009

making Home Affordable program allows eligible homeowners to refinance or modify their loans to a payment that is more affordable. It is broken into two parts; the Home Affordable Refinance, and the Home Affordable Modification.

Freddie Mac Single-Family Seller/Servicer Guide Bulletin

admin | June 3, 2009

Freddie Mac released bulleting Number: 2009-5 on March 4, 2009 in support of the federal Making Home Affordable Program. The bulletin included eligibility requirements for the Freddie Mac Relief Refinance Mortgage. The following are key aspects of that Bulleting: