Freddie Mac Bets BILLIONS Against Homeowners
Freddie Mac has invested billions of dollars betting that U.S. homeowners won’t be able to refinance their mortgages at today’s lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.January 30, 2012Freddie...FHA Loan With FICO Score Under 620 – What Are My Odds Of Loan Approval?
December 12th, 2011The FHA has established minimum credit score requirements in order to be eligible for FHA financing.The FHA guidelines specifically exclude from eligibility any borrower with a FICO score below 500. Theoretically, any borrower with a credit score...Down Payment Help for Real Estate and Home Buyers
WITH most lenders requiring home buyers to put down at least 20 percent — and sometimes, with more expensive properties, an even greater amount — the best gift some people might receive would be help with the down payment. Under federal tax law, each individual is...Senate Supports Plan To Help Americans Buy Homes Again
The Senate on Thursday backed a measure to help bolster the housing market by making it easier for people to afford a home in wealthier neighborhoods.The Senate voted 60-38 to attach the proposal to a spending bill that the chamber will consider later this year. It...Saturday, February 23, 10:53 am
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