December 22, 2008 by admin ·
Mortgage giant Fannie Mae has made a major policy change nationwide for renters living in properties that they have foreclosed on. Up until now, renters could be forcibly evicted from their home after a foreclosure occurred, often without any warning whatsoever. Starting January 9th, when they start their foreclosures back up, they plan to start [...]
Filed under Buying, Charles County, Foreclosure, Foreclosures, Lending, Real Estate, Southern Maryland, avoiding foreclosure · Tagged with Eviction, Fannie Mae, fannie mae policy change, Foreclosure, government bailout, Real Estate, renting, southern maryland foreclosure news, tenants
November 27, 2008 by admin ·
Looks like Fannie Mae and Freddie Mac have decided to play Santa Claus this year. The two mortgage giants have decided to freeze all of their foreclosures that are scheduled to happen between now and the new year.
“The two companies say they will halt foreclosure sales between Nov.
26 and Jan. 9, while they evaluate [...]
Filed under Charles County, Foreclosure, MD, Maryland, Real Estate, Southern Maryland · Tagged with avoiding foreclosure, Charles County, Fannie Mae, Foreclosure, Foreclosures, Freddie Mac, La Plata, loan modification, Southern Maryland, Southern Maryland Real Estate, Waldorf
September 6, 2008 by admin ·
There’s been quite a few stories this evening about the Fannie Mae/Freddie Mac Takeover(Socialization) this evening. The first question on many people’s minds is: What Does This Mean To Me?
I’m not going to muse on the repercussions of holding their stock (ask the wall street analysts, but it doesn’t look good), but I do want [...]
Filed under FHA Limits, Lending, Real Estate · Tagged with Charles County, Fannie Mae, FHA Limits, Freddie Mac, Lending, Maryland, Mortgage Fallout, Mortgages, Real Estate, Southern Maryland Real Estate
