Fannie & Freddie Easing Loan Modification Rules

Thursday, February 26th, 2009

In a recent Bloomberg article, Dawn Kopecki wrote about Fannie Mae and Freddie Mac need to relax rules for a loan-modification program that promised to cut mortgage interest rates and lengthen amortization schedules for troubled borrowers, the chief economist for the companies’ regulator said.  Fannie Mae and Freddie Mac have sent 90,000 letters to borrowers [...]

What the Home Mortgage Relief Plan Means To You

Tuesday, February 24th, 2009

We have all heard about the new mortgage relief program… What does it really mean to you? Dennis Stearns of the Stearns Financial Group joined us on the GMS to help us break it down.   Here are the highlights: Who Benefits and How Do I get In On It? One of the biggest groups [...]