Real estate blog entries tagged with walking away by Moe Bedard (LoanSafe.org)

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Home : Blogs : Moe Bedard : Moe Bedard : Tag "walking away"

walking away: Fannie Mae Targets Borrowers Who Walk Away - 06/24/10 02:35 PM

Fannie Mae has publicized that fresh mortgages will not be backed for 7 years if the borrower has walked away from a mortgage in the past although he or she would have been able to afford the monthly payments or even though he or she would have been able to find a first-rate faith substitute by communicating with the lender.
Even more so, they will also be suing strategic defaulters in states where these approaches are allowed in order to recover the losses they dealt with as a result of the truth that certain people have decided to walk away even … (0 comments)

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Moe Bedard

Carlsbad, CA

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LoanSafe.org

Address: Carlsbad, Ca, 92008

Office Phone: (760) 896-4666

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My name is Moe Bedard and I am Founder of LoanSafe.org and LoanWorkout.org. My mission is to educate consumers online about the loan and mortgage process in order to to help them make the best financial decisions. I am one of the few people on earth who place humans before profits.

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