Freddie Mac has found that homeowners are becoming increasingly aware that there may be help out there should they run into problems paying their mortgage loans but there is still a long way to go in spreading the word. The mortgage corporation has just released a survey done in cooperation with Roper...
In a press release and subsequent press conference Thursday, the Mortgage Bankers Association (MBA) cited fourth quarter 2004 figures in reporting a decline in the rate of delinquent payments on and pending foreclosures of residential mortgages since both the third quarter of 2004 and the end of 2003...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Mar 18 2005
Filed under:
Filed under: Freddie Mac, adjustable rate mortgage, Fannie Mae, Mortgage Bankers Association, Federal Housing Administration, MBA, delinquent payments, fixed rate mortgage, pending forclosures, residential mortgages, outstanding mortgage loans, prime, sub-prime, Veterans Administration, real estate appreciation