FANNIE MAE HELPING MILITARY FAMILIES THAT ARE STRUGGLING TO MAKE PAYMENT| USA DREAM TEAM REALTY HELPING TOO

By
Real Estate Broker/Owner with California Coastal Estates BRE 01329427

FEBRUARY 13, 2011

AMAZING ANNOUNCEMENT BY FANNIE MAE AND GREAT INFO. FOR THOSE OF YOU THAT HAVE CLIENTS, FAMILY AND/OR FRIENDS IN THIS PREDICAMENT...

READ ON>>>>>>

WASHINGTON - Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member.

The Washington-based company says it will reduce or suspend borrowers' monthly payments up to six months. Fannie Mae is the largest buyer and backer of U.S. home mortgages, owning or guaranteeing about $3.2 trillion in home loans.

Fannie Mae also says it would suspend reporting to credit bureaus for up to six months to minimize the impact on the borrower's credit score.

To determine whether they are eligible, military members or their surviving spouses should contact their mortgage company. Or, they can call a special military phone number: 1-877-MIL-4566.

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CA COASTAL ESTATES, INC. - HAS A MILITARY RELOCATION DIVISION, USA DREAM TEAM REALTY SPECIALIZING IN RELOCATION OF MILITARY FAMILIES IN SELLING, MANAGING PROPERTY AND ASSIST IN BUYING IN THEIR NEW AREA.  IT IS IMPORTANT TO OUR FIRM AND AGENTS TO GIVE BACK TO OUR COMMUNITY AND ASSIST OUR MILITARY SERVICE MEN AND WOMEN IN OUR COUNTRY. EXCEPTIONAL INCENTIVES, SAVINGS AND % THAT GOES BACK TO MILITARY HOUSING ASSISTANT DEPT. CALL FOR MORE INFORMATION ON OUR SERVICES AND BROKERS CALL TO OPEN YOUR USA DREAM TEAM OFFICE IN YOUR STATE. CALL, 888-908-7770 X2305 AND ASK FOR LAUREN SELINSKY

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  your real estate broker lauren selinsky 

  

 CA COASTAL ESTATES

 LAUREN SELINSKY BROKER/OWNER | BRE01329427 

USING CUTTING EDGE TECHNOLOGY  in TODAYS MARKET

              c.949.310.4960 |f.888.553.5485 \ T.888.908.7770

                                               homes@LaurenSelinsky.com 


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Rainmaker
3,423,242
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I hadn't heard of this program and it's definitely a decent thing to do.  Hope it works well.

Feb 12, 2011 10:58 PM #1
Rainmaker
919,390
Bob "RealMan" Timm
National Marketing Realtors - Minot, ND
Bob Timm Owner/Broker National Marketing Realtors

GREAT post Lauren. Being we seldom know who is in financial trouble until it's to late, I am going to send this to all my past VA buyers in the form of a letter/email saying "If you know someone who". This way they won't think I suspect that maybe "they" need help. Again I am indebted to your brilliance!

Feb 12, 2011 11:07 PM #2
Rainmaker
227,280
Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR - Cuyahoga Falls, Stow

Lauren - Thanks for this valuable information.  Why isn't this making front page news?  Thanks for getting out to us so we can advise those we come into contact with.

Feb 13, 2011 03:15 PM #3
Rainmaker
564,576
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Gabe~ thanks and working with many buyers from Camp Pendleton and the Naval Base in San Diego~ I wanted to get the word out too~ ;)

Bob~REALMAN what a great idea! I think I will personally tell my clients too that are in the service~ And thank you for the compliment <3

totally TONY!~ I absolutely agree!!! I think I will put it on my front page web too! The more we get it out to clients and other agents, we can get the word out ;)

Feb 13, 2011 03:53 PM #4
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Rainmaker
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Lauren Selinsky Broker CRS

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