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Owning a home still has more appeal than renting for Americans, according to Fannie Mae. A sign of stability, safety, family and community, home ownership is an essential component of the “American Dream” of success and happiness and has been for many generations. The recent National Housing Survey (Q4, 2011) conducted by Fannie Mae found that this is still true.
The majority ...
Spring is in the air and vacation plans may not be far behind! Whether you are embarking on a weekend getaway or an extended trip, it’s critical that you make arrangements to ensure the safety of your new home. Implement the following suggestions and enjoy increased peace of mind on your get-away!
Befriend a neighbor. A formal Neighborhood ...
Senate bill requires response to short sale requests within 75 days
By Andrew Scoggin
• February 20, 2012 • 2:57pm
A new Senate bill aims to speed up the short-sale process by requiring mortgage lenders or servicers to respond within a mandated timeline or face potential fines.
The bill, introduced late last week by Sen. Lisa Murkowski, R-Alaska, ...
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By Jon Prior
• February 6, 2012 • 4:10pm
Freddie Mac will soon increase incentives paid for completed short sales, according to a spokesman for the government-sponsored enterprise.
Short sales increased dramatically since the crisis struck in 2007. Both Fannie Mae and Freddie Mac completed 112,935 of these transactions in the first three quarters ...
January 9, 2012 - The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least ...