Freddie Mac Is Opening The Doors To Workouts On At Risk Loans

Friday, February 6th, 2009

Freddie Mac??is opening it’s doors to??the influx of borrowers requesting loan modifications or other workouts.?? Freddie will be employing the help of third party servicers to help service Alt A and other types of High Risk Loans.?? The new plan will help keep at-risk borrowers in their homes and avoid foreclosures. Under the new program […]

FHFA ANNOUNCES REVISED CONFORMING LOAN LIMITS

Thursday, December 11th, 2008

The Federal Housing Finance Agency (FHFA) announced revisions to their conforming loan limits for 2009 last Friday.?? The new limit for 2009 will remain at $417,000 in most areas of the US, however loan limits for higher cost areas including California have been lowered to $625,500 from $729,750.?? Many areas in California do not reach […]

Categories

Recent Comments

    Top Tags