Tag: Fannie Mae and Freddie Mac

'Fannie Mae and Freddie Mac To Cut Principal Balance On Underwater Mortgages

Homeowners who were behind on their home purchase loan payments are expecting to receive good news in the coming weeks. Under an act approved by the federal regulator of mortgage-finance corporations Fannie Mae and Freddie Mac, thousands of homeowners who owe more than the worth of their properties and are behind in bill payments will be eligible to get their mortgage balances absolved.

'Freddie Mac Launches Online Resource Hub for Real Estate Pros

Freddie Mac introduced this week the Real Estate Professionals Resource Center which is a website that offers a comprehensive list of information, from the most affordable housing to training and networking tools and other resources. The site wants to target real estate agents, brokers and even housing counselors.

'Fox News Columnist Cal Thomas Wants People to Believe a Housing Crisis Is Hitting the US Again

Cal Thomas, tagged as “America’s most syndicated op-ed columnist” is confidently forecasting that the United States is inching towards another housing crisis.
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