Effective April 1, servicers managing Freddie Mac loans will no longer be allowed to foreclose on properties in the name of Mortgage Electronic Registration Systems (MERS). This was one of a several changes announced yesterday by Freddie Mac through Single-Family Seller/Servicer Guide Bulletin 2011-5...
Freddie Mac is now publishing YouTube videos to share information with the public about foreclosure myths and scams. In each video a housing consumer presents a myth which a Freddie Mac housing counselor then responds to with facts and concrete guidance. In the third video for example, the counselor...
Might there be a housing rescue bill after all? Monday night Senator Chris Dodd (D-CT and Senator Richard Shelby (R-AL), Chairman and Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs announced that they had reached an agreement that will be presented to the whole committee...
Under the category of 'what took so long' two secondary market players announced a couple of small changes; one that may help financially squeezed troops the other that adds an extra layer of security to a small sector of the mortgage market. Effective June 18, the Federal Housing Administration (FHA...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Jun 17 2005
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Filed under: Freddie Mac, Fannie Mae, FHA, foreclosure, id theft, army, navy, air force, marines, national guard, armed forces, service men women