Hot Property

Foreclosure rescue scam reports increase

VIENNA, Va. – June 22, 2010 – The Financial Crimes Enforcement Network (FinCEN) released its first analysis of suspicious activity reports containing information about potential foreclosure rescue scams. The report, “Loan Modification and Foreclosure Rescue Scams – Evolving Trends and Patterns in Bank Secrecy Act Reporting,” analyzed more than 3,500 SARs filed from 2004 through [...]

Federal Refinance Program Extended One Year

  FEDERAL HOUSING FINANCE AGENCY NEWS RELEASE   FHFA Extends Refinance Program By One Year   Washington, DC — Federal Housing Finance Agency Acting Director Ed DeMarco today announced the extension of the Home Affordable Refinance Program, (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2011.  The program is [...]

Home Affordability Refinance Program to Allow 125 Percent Loan to Value

FHFA AUTHORIZES FANNIE MAE AND FREDDIE MAC TO EXPAND HOME AFFORDABLE REFINANCE PROGRAM TO 125 PERCENT LOAN-TO-VALUE Washington, DC – The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to expand the Home Affordable Refinance Program (HARP) to homeowners who are current on their mortgage payments from the present loan-to-value ratio ceiling [...]

Helpful Government Websites for Foreclosure Help

Team Sumberg has clients, customers, friends and in some cases family who are struggling to keep their homes.  It seems that every day we hear a new program announced by the government or a change to an existing program.  With a growing number of government websites it’s difficult to know where to go for information [...]

HOT – Today’s Testimony – Examining the Making Home Affordable Plan

Statement of Patrick J. Lawler, Chief Economist Federal Housing Finance Agency Before the House Financial Services Committee Subcommittee on Housing and Community Opportunity “Examining the Making Home Affordable Plan” March 19, 2009   Statement of Patrick J. Lawler, Chief Economist Federal Housing Finance Agency House Financial Services Committee, Subcommittee on Housing and Community Opportunity March [...]

Reducing Preventable Foreclosures – MAKING HOME AFFORDABLE PROGRAM

FHFA DIRECTOR JAMES B. LOCKHART STATEMENT ON “MAKING HOME AFFORDABLE” PROGRAM “FHFA was pleased to work with the White House, the Treasury Department, the Department of Housing and Urban Development, other regulators, and Fannie Mae and Freddie Mac in the development of the ‘Making Home Affordable’ loan modification program that Treasury announced today. This program [...]

3 Examples for Homeowner Affordability and stability Plan

Here are 3 examples published by the White House for support under the newly announced Homeowner Affordability and Stability Plan. Click below to view an Acrobat PDF document from the White House. 2009-white-house-fact-sheet-3-housing-examples-0218-1201

Questions and Answers for Borrowers about the Homeowners Affordability and Stability Plan

Click on the link below to view Questions and Answers released by the White House in an Acrobat PDF format. 2009-white-house-homeowner-affordability-and-stability-plan-questions-and-answers-0218-1240 For your Tampa Bay Real Estate questions and answers contact Team Sumberg. info@TeamSumberg.com (866) 323-3981

White House Homeowner Affordability and Stability Plan Fact Sheet

 Click on the link below to view an Adobe Acrobat PDF file with the White House’s fact sheet.  2009-white-house-housing-fact-sheet-0218-1200  Team Sumberg can answer your real estate questions in the Tampa Bay area.  Contact us at info@TeamSumberg.com (866) 323-3981