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HAMP: MHA Guidelines change June 1, 2010 – Homeowners looking for help; Now is the time.

HAMP: MHA Guidelines change June 1, 2010 – Homeowners looking for help; Now is the time.

There have been many problems with the program put out by the Obama administration referred to as MHA or Making Homes Affordable but things may be changing for the better. Frequently, homeowners over the past year have only seen an 18% success rate while companies...
Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae: 30 Days or less to a Foreclosure Sale you need at least 25% down for help!

Fannie Mae in another attempt to tighten its servicing belt has decided to release new servicing procedures that are only going to make it tougher for those homeowners who find themselves in an already tough position. Starting as of this month they have increased...

Obama: In talks to ban foreclosures.

Obama, after being left with a crippled economy, is trying to manage to keep it afloat with means necessary. This next attempt will have many homeowners staying tuned with their fingers crossed. President Obama’s corner is throwing out what they hope is their...

Video: Bank Reform Bill Passed by House.

The bill that could change it all is on its to Congress finally having made it out of the House of Representative. Backed by Obama’s administration it is thought that this new regulator commission might be going just a step too far. Only time will tell but as...

National Unemployement rate hits 10.2% – 17.5% if you account for others.

The government recently reported that unemployment has hit another high from this foreclosure driven recession. The amount has topped out above 1 out of 5 people bringing the national average to 10.2 percent unemployment rate. It is going to take a lot to turn this...