Buying Foreclosed Homes – Fannie Mae is dealing responsibly with foreclosed properties in – Cleveland Plain Dealer

Posted on December 22, 2009
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Fannie Mae is dealing responsibly with foreclosed properties in – Cleveland Plain Dealer
The unprecedented agreement just inked between the Cuyahoga County land bank and mortgage monolith Fannie Mae illustrates how strategic cooperation between agencies is crucial to a comeback from the foreclosure crisis. The deal allows the land bank
Source: www.cleveland.com

Gallatin County awarded $7M federal housing grant – Billings Gazette
BOZEMAN — Gallatin County has been awarded a $7 million grant through the federal Neighborhood Stabilization Program to help low-income residents buy homes. But county commissioners will have to vote on whether to accept the money, and a public
Source: www.billingsgazette.com

New Castle County to buy foreclosed homes – WHYY
The number of foreclosures in Delaware’s most populous county is up 23% for the year, totaling more than 2,500 this year. While that number continues to rise, the number of unoccupied homes is on the increase as well. That’s why New Castle County
Source: whyy.org

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Help To Prevent Foreclosure – Be cautious when lending to family – Arlington Heights Daily Herald

Posted on December 22, 2009
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Be cautious when lending to family – Arlington Heights Daily Herald
Advisers say spelling out terms like the interest rate, the payments expected and the length of the loan helps avoid problems because everyone involved will understand what’s expected. 2. Make sure you charge a reasonable interest rate There can be
Source: www.dailyherald.com

Housing Grant Helps Delaware Communities Hit By Foreclosures – All American Patriots
New Castle County is working to minimize the housing crisis in our communities with a multi- pronged approach that includes providing information to homeowners on preventing foreclosure, making ownership possible for more families through the
Source: www.allamericanpatriots.com

How to avoid headaches when lending to family – Washington Post
Planners say the reasons for the requests run the gamut from debt consolidation to medical expenses to preventing foreclosure.
Source: www.washingtonpost.com

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