Mid Week Mortgage News Alert Two weeks ago, President Obama introduce his plan to stave off foreclosures by giving incentives to banks to help homeowners that are not currently in default lower their payments and take advantage of lower rates. Today, that plan was approved and rolled out by Fannie Mae through its Home Affordable [...]
Continue reading about Home Affordable Modification – Obama’s Plan Has been Approved
Photo Credit MollyBob Reverse Mortgage News There are many Seniors that want to purchase a home, but do not have enough money to pay cash for their Bonita Springs home. They may have a substantial down payment, but still cannot qualify for a loan. Their credit may not be good, or their pension may not [...]
Continue reading about Hope For Home Owners | Reverse Mortgage
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