Fannie Mae The government-controlled company (FNMA) on Tuesday (8/3/2010) launched http://www.knowyouroptions.com View easy-to-understand definitions of mortgage industry … [Read more...]
Considering a deed in lieu? read this

Deeds-in-lieu don’t harm a borrower’s credit rating as much as a foreclosure or a bankruptcy, but because they are treated as debts that are “not paid as agreed,” they … [Read more...]
Short Sale could result in call from Debt Collector

Banks usually have four years in which to file a deficiency judgment, but they can sell it to a third-party collection agency -- “and the collection firms can chase you down … [Read more...]