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April 2009 - Posts

RENTERS IN FANNIE MAE OWNED FORECLOSED PROPERTY ALLOWED TO STAY
Fannie Mae Announces National REO Rental Policy Renters in Fannie Mae-Owned Foreclosed Properties Eligible to Stay in Their Homes WASHINGTON, DC -- Fannie Mae (FNM/NYSE) IN JANUARY announced the establishment of a new National Real Estate Owned (REO) Read More...

by CHRISTINE KOURIK | 0 Comments

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LOAN MOD SCAMS ! URGENT! A MUST READ ON LOAN MODIFICATIONS SCAMS
There has been a dramatic spike in FORECLOSURE and LOAN MOD SCAMs. Mortgage Loan Modification Scams: Typically what is happening is that troubled homeowners are paying $1000…$2000…$3000 UP FRONT and receiving no services. Whats worse, many Read More...

by CHRISTINE KOURIK | 0 Comments

US HOME PRICES, CONTINUED TO DECLINE
The S&P/Case-Shiller home-price index , a closely watched gauge of U.S. home prices, continued to post record declines in January. In the 20-city index, no area experienced year-over-year price gains, the tenth straight month that has happened. Further, Read More...

by CHRISTINE KOURIK | 0 Comments