Freddie Mac, Rent Controls and Predatory Contracts

ACORN Citizen Wealth Financial Justice 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 …

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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 …

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