freddie mac

Freddie Mac Video - Making Home Affordable and Avoiding Foreclosure Rescue Scams

Tuesday, May 12, 2009

According to Freddie Mac: A report from the fourth quarter of 2008 shows that a growing number of homeowners are seeking lower mortgage payments through loan modification programs and mortgage refinancing. In an effort to stabilize the housing market and help millions of American homeowners reduce their monthly mortgage payments, the federal government has launched “Making Home [...]

President Barack Obama Foreclosure Speech - $75 Billion Housing Plan

Wednesday, February 18, 2009

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Full Text of President Obama’s Speech Today - February 18 2009 - I’m here today to talk about a crisis unlike any we’ve ever known – but one that you know very well here in Mesa, and throughout the Valley. In Phoenix and its surrounding suburbs, the American Dream is being tested by a home [...]

President Obama’s $75 Billion Foreclosure Plan

Wednesday, February 18, 2009

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First news on MarketWatch on Obama’s plan to help halt foreclosures. There are two programs. One to help 4-5m struggling home owners with loans owned or guaranteed by Fannie Mae or Freddie Mac to help them refinance. The other is a loan modification plan with government subsidies to lenders to reduce their monthly interest payments. Lenders responsible for [...]