FDIC to Sell $409 Million in Mortgage Bonds
Tuesday, March 15th, 2011The Federal Deposit Insurance Corp. is tapping the securitization market to rid itself of assets from failed banks.
Feds put up $1 billion more for mortgage relief
Tuesday, March 15th, 2011Congress has just come up with an extra $1 billion to help people who can’t pay their mortgage because of unemployment or a medical problem.
All-Time Low Mortgage Rates: Time To Refinance?
Monday, March 14th, 2011Interest rates keep dipping lower and lower. Find out what it takes to tip the scales toward a refinance.
Fannie Mae launches new site to help homeowners facing foreclosure
Monday, March 14th, 2011Mortgage giant Fannie Mae has launched a new website to help homeowners understand their options when facing foreclosure. The government-operated company is attempting to reduce the $3.2 trillion of mortgages and securities it owns or guarantees.
Unemployed Homeowners to Get $3 Billion in Aid
Monday, March 14th, 2011The Obama administration plans to make an additional $3 billion in aid available to help unemployed homeowners struggling to make their mortgage payments.
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