Fannie Mae to Extend Forbearance Plans to Unemployed

Good news for unemployed homeowners at last, as Fannie Mae says it will provide additional aid to those who are out of work and struggling to pay their mortgages, by extending the forbearance period by up to as much as 12 months.

Obama Administration Tries To Help Unemployed Homeowners

The Obama administration has just announced a new program which is aimed at keeping unemployed homeowners in their own homes.   This new initiative will extend the current allowance of a few months forbearance on mortgages to twelve months. It’s thought that this new scheme could benefit thousands of homeowners, although not everyone will be

Read More »

RealtyBizNews: Real Estate Marketing & Beyond