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3-On Your Side: New Fannie Mae Mortgage Help Center Opens
PHILADELPHIA (CBS) — There’s some good news for homeowners who are facing financial hardships and struggling to meet their mortgage payments. A new mortgage help center opened today in our area. As...
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3 On Your Side: What The Rating Downgrade Means For The Housing Market
Jim Donovan reports… PHILADELPHIA (CBS) — In addition to Standard and Poor’s cutting the AAA rating of the United States this week, it also cut the rating of government-backed mortgage brokers Fannie...
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3-On Your Side: $25 Billion Mortgage Settlement Helps Some Homeowners
By Jim Donovan PHILADELPHIA (CBS) — A landmark $25 billion settlement with the nation’s top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of...
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3 On Your Side: Refinancing Your Mortgage
By Jim Donovan PHILADELPHIA (CBS) — To refinance or not to refinance, for many homeowners these days, that’s the question. The interest on a 30-year fixed rate mortgage is now averaging 3.87 percent....
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Fannie Mae Opens Its Phone Lines To Help Homeowners Facing Foreclosure
By Michelle Durham PHILADELPHIA (CBS) — The government-back mortgage clearinghouse Fannie Mae is launching an awareness campaign for people facing possible foreclosure. Nicole Robinson, a spokeswoman...
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Opinion: Romney: Pay Attention To What I Say, Not What I Do
In an effort to distract voters from his tax records, W. Mitt Romney launched a four pronged push back yesterday. Romney’s problem: each move revealed more about the problems with his floundering...
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Making Sense Of Obama’s Housing Market
Despite a national, downward trend in foreclosure rates, too many struggling Americans continue to lose their homes, placing families and the economy at risk. Recovery has been uneven, with some...
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Qualifying For A Mortgage Is Easier Now, But Many Factors Affect Loan Approval
By Michelle Durham PHILADELPHIA (CBS) — Published reports seem to indicate that more people are able to qualify for mortgages since the market downturn in 2007. Fannie Mae and Freddie Mac, the...
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