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• Fannie Mae announces a New Program Called "Deed for Lease"

  In other news, Fannie Mae has announced a new program today. It’s called “ Deed for Lease ”. It’s only for owner occupants, and they must be released from all second liens. Troubled borrowers can sign over the deed of their homes Read More... Posted Thursday, November 05, 2009 2:28 PM by Donna Osborne | 0 Comments Filed under: Obama, Daily Update, Daily Thoughts, Mortgage News, fannie mae, reo, rental initiative, foreclosure, American Recovery, Fed's, Donna Osborne, John Osborne

• Obama's Refinancing Plan Could Repair an Ailing Market

  The Nation's Housing Obama's Refinancing Plan Could Repair an Ailing Market By Kenneth R. Harney Saturday, February 28, 2009; Page F01 Although the final operational guidelines of the Obama administration's foreclosure-avoidance programs won't Read More... Posted Monday, August 24, 2009 11:24 AM by Donna Osborne | 0 Comments Filed under: Loan Modification, Obama, Daily Update, Daily Thoughts, Mortgage News, fannie mae, freddie mac, affordable refinancing, foreclosure, Tax Credit, Purchase, Tax, American Recovery, Fed's, Donna Osborne, John Osborne

• FIRST-TIME HOMEBUYER TAX CREDIT AS MODIFIED IN THE AMERICAN RECOVERY & REINVESTMENT ACT OF FEB 2009

  SYLVIA SETASH Office: 703 595-4150 Cell: 703 498-5042 Fax: 703 848-2266 sylvia.setash@afsb.com FIRST-TIME HOMEBUYER TAX CREDIT AS MODIFIED IN THE AMERICAN RECOVERY & REINVESTMENT ACT OF FEB 2009 FEATURE CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED Read More... Posted Monday, August 24, 2009 11:21 AM by Donna Osborne | 0 Comments Filed under: Obama, Daily Thoughts, Mortgage News, fannie mae, foreclosure, Tax Credit, Purchase, First Time Homebuyer, Tax, American Recovery, FHA, Fed's, Donna Osborne, The Power House Group, John Osborne

• Obama Administration Announces Financial Incentives and Uniform Processing for Short Sales...WOW!

  Incentives and Uniform Process for Short Sales National Association of REALTORS ® Government Affairs Division 500 New Jersey Avenue, NW, Washington DC, 20001 REALTOR ® is a registered collective membership mark which may be used only by real estate Read More... Posted Wednesday, May 27, 2009 1:57 PM by Donna Osborne | 0 Comments Filed under: Loan Modification, Obama, Daily Update, Daily Thoughts, Mortgage News, refinance, fannie mae, foreclosure, American Recovery, FHA, Fed's, Donna Osborne, Short Sales

• Making Home Affordable Progress Report on May 14, 2009

  MAKING HOME AFFORDABLE PROGRESS REPORT May 14, 2009 Fourteen servicers, including the five largest, have now signed contracts and begun modifications under MHA. Between loans covered by these servicers and loans owned or securitized by Fannie Mae or Freddie Read More... Posted Wednesday, May 27, 2009 11:52 AM by Donna Osborne | 0 Comments Filed under: Loan Modification, Obama, Daily Update, Daily Thoughts, Mortgage News, lower payments, unemployed, refinance, fannie mae, freddie mac, affordable refinancing, reo, post foreclosure, foreclosure, American Recovery, FHA, Donna Osborne, Short Sales

• Treasury Announces Short-Sale Support....FINALLY!!

  Treasury Announces Short-Sale Support ACTION: Treasury Secretary Tim Geithner unveiled the plan May 14. By George White , RE/MAX Times Online Managing Editor The U.S. Treasury Department last week unveiled a plan designed to streamline and encourage short Read More... Posted Wednesday, May 27, 2009 11:49 AM by Donna Osborne | 0 Comments Filed under: Loan Modification, Daily Update, Daily Thoughts, Mortgage News, unemployed, refinance, fannie mae, affordable refinancing, post foreclosure, foreclosure, American Recovery, FHA, Donna Osborne, Short Sales

• Record Low Set For Long Term Mortgage Rates

  Another Record Low Set For Long-Term Mortgage Rates (News Source: Freddie Mac) (MCLEAN, VA) -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.85 Read More... Posted Monday, March 30, 2009 6:23 AM by Donna Osborne | 0 Comments Filed under: Obama, Daily Update, Mortgage News, lower payments, refinance, fannie mae, freddie mac, affordable refinancing, Purchase, First Time Homebuyer, American Recovery, Fed's

• Fannie Mae and Freddie Mac Release Refinancing Guidlines

  Fannie Mae and Freddie Mac Release Refinancing Guidelines; Freddie Slashes Fees for Refinancings On March 4, 2009, Fannie Mae and Freddie Mac released guidelines on refinancing and loan modification options that implement President Obama's Making Read More... Posted Wednesday, March 11, 2009 8:54 PM by Donna Osborne | 0 Comments Filed under: Loan Modification, refinance, fannie mae, freddie mac, affordable refinancing