http://chieforganizer.org/wp-content/uploads/2018/08/CORR4549.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts New Orleans Freddie Mac is the popular name for the Federal Home Loan Mortgage Company. It is a government sponsored entity or GSE. It’s main purpose since 1970 has been to buy and finance mortgages on the secondary market, making in safer for banks and savings …
Tag: Fannie Mae
Promises Broken and Settlements Sidetracked for Homeowners Facing Foreclosures
Little Rock I’m sorry. Here we go again spinning like a broken record on the amazing and devastating ineptness of the US government and its various agencies and branches to seriously solve the problem of bank intransience and offer real relief to borrowers needing loan modifications to escape foreclosure and …
No-Mo’s: Stealing Homes through Foreclosure No Modification Programs in AZ and USA
New Orleans Finally the fog is lifting around state and federal foreclosure modification programs and the real program is clear. In the way of acronyms and abbreviations that abound in such programs like Fannie Mae and Freddie Mac, the largest of the mortgage guarantor agencies, the real program is called “No-Mo,” which stands for No …