Mortgage Foreclosure & Refinance Resource

Subprime and ARM mortgage refinancing to save your home

Fannie Mae and Freddie Mac to Raise Mortgage Costs

August 16th, 2008 · No Comments

The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to […]

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Tags: Mortgage Notes · Mortgage Refinancing

Fannie Mae, Freddie Mac raising fees for mortgage borrowers

August 16th, 2008 · No Comments

The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to […]

[Read more →]

Tags: Mortgage Notes

Subprime crisis slows down, Prime crisis picks up steam

August 4th, 2008 · No Comments

The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building.
Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with mortgages made to people with weak, or subprime, credit are showing their first, tentative […]

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Tags: Foreclosure Statistics · Mortgage Notes