The Federal Housing Finance Agency (FHFA) announced earlier this month that Fannie Mae and Freddie Mac would extend the Home Affordable Refinance Program (HARP) through December 31, 2015 earlier this month.
The HARP Program was originally...
As a real property owner in the District of Columbia, the last thing you would ever want or need is for the Department of Consumer and Regulatory Affairs to classify your property as Class 3 – Vacant Real Property.
That’s because the...
Fannie Mae and Freddie Mac will offer a new loan modification initiative designed to help troubled borrowers avoid foreclosure and remain in their homes, according to an announcement today from the Federal Housing Finance Agency.
Consequently...
In about half of the settlements that I conduct a seller will stop me and comment, “The payoff is too high, I owe less than what’s listed.” This is because the seller is confusing the mortgage principal balance with the payoff amount.
The...
Now you’re doing a refinance, and your appraisal is scheduled for next week. We talked earlier about what you can expect from an appraisal. Now let’s discuss some things you can do to prepare.
The following are some thoughts, based on my...