• Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 15 other followers

  • December 2010
    M T W T F S S
    « Nov   Jan »
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  
  • Mary K. Lenahan, J.D., Realtor

Freddie Mac Helps Service Members: Delays Foreclosure 9 Months


According to California Association of Realtors, Freddie Mac will require its servicers to delay initiating foreclosure for at least nine months for  service members released from active duty and suffering financial difficulties in 2011. 

Time will tell whether this delay policy is more effective than other purported programs designed to “help” financially troubled homeowners. 

Mary K. Lenahan, Realtor
The Professional Difference
(626) 629.8709
Mary.Lenahan.Dilbeck.com
Your Business & Referrals Are Appreciated!
SEARCH THE MLS HERE
DRE 01867737
Advertisements

One Response

  1. Other Protections for Active Duty Military
    Congress members want investigations into violations of the law which prohibits banks from charging more than 6% interest on the debts of active-duty service members and from foreclosing on their homes.

    http://www.latimes.com/business/la-fi-military-foreclosure-20110202,0,7541419.story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: