Mortgage Assistance

3:01am

Mon January 30, 2012
Your Money

Freddie Mac Betting Against Struggling Homeowners

Originally published on Thu March 27, 2014 7:53 am

One of Freddie Mac's restrictions blocks people who have a short sale in their past from refinancing for two to four years following the short sale.
Rich Pedroncelli AP

Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.

But Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.

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8:28pm

Tue January 24, 2012
It's All Politics

Analysis: A New Initiative To Help Homeowners, But Can It Fly?

Originally published on Tue January 24, 2012 7:49 pm

The president just announced a new initiative to help homeowners save money by refinancing their mortgages:

"Responsible homeowners shouldn't have to sit and wait for the housing market to hit bottom to get some relief.

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11:29am

Tue August 30, 2011
Housing

Federal Mortgage Help Program Gets an Extension

NeighborWorks America

A program to help homeowners avoid foreclosure is being extended in Colorado and 26 other states.  The Emergency Homeowners Loan Program provides emergency bridge loans to those in danger of losing their homes because of economic hardship.

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