08 Mar
Posted by Mortgage Man as Freddie Mac, Press Release
For Immediate Release
February 25, 2008
CONTACT: corprel@freddiemac.com
or (703) 903-3933
AMERICAN BANKERS ASSOCIATION, FREDDIE MAC EXTEND ALLIANCE TO HELP MEMBERS SUCCEED IN TODAY’S TROUBLED MARKET
Palm Springs, CA – The American Bankers Association, through its subsidiary ABA Total Business Solutions, and Freddie Mac (NYSE:FRE) are extending and enhancing their special alliance to provide the nation’s community banks with critical [...]
President Bush announced on 8/31/07 that FHA will help an estimated 240,000 families avoid foreclosure by enhancing its refinancing program effective immediately. Under the new FHASecure plan, FHA will allow families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default, to qualify for refinancing.
Learn more [...]
You can look to get a conventional loan or a sub-prime mortgage loan. You can also ask your lender for an FHA loan. Here are the many benefits.
Easier to Qualify - This is due to the fact that the FHA insures your mortgage, therefore lenders are more willing to give loans with lower [...]