by RealtyBizNews | May 18, 2020 | foreclosures, Mortgage, mortgages, Real Estate News
The moratorium on foreclosures and evictions for Fannie Mae and Freddie Mac-sponsored mortgages has been extended until at least June 30, according to the Federal Housing Finance Agency. The FHFA said the moratorium, originally set to expire May 17, has been extended...
by RealtyBizNews | Apr 1, 2020 | financial assistance, foreclosure relief, foreclosures, Freddie Mac, homeowners, mortgage aid, Real Estate News, scam
Scammers are reportedly targeting homeowners with fake offers of financial aid at a time when many are struggling to pay their mortgages due to the coronavirus outbreak. In one example, Freddie Mac last week warned of a new scam that saw borrowers receive fake calls...
by RealtyBizNews | Mar 30, 2020 | foreclosures, Real Estate News, short sale
Buyers looking for a bargain often ask their agents about short sales and foreclosures, hoping to get a property at bargain pricing. But when they don’t educate themselves about these types of properties, some buyers find themselves in for more than they...
by RealtyBizNews | Mar 20, 2020 | foreclosures, Freddie Mac, housing, moratorium, Mortgage, Real Estate News
U.S. President Donald Trump announced Wednesday a full moratorium on foreclosures for homeowners with mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration. The Department of Housing and Urban Development has also provided help, saying it...