Fannie Mae Deed-for-Lease Program Fannie Mae is introducing the Deed-for-Lease Program (D4L), a program designed to minimize family displacement, deterioration of neighborhoods caused by vandalism and theft to vacant homes, and the effect these have on families, communities and home price stabilization. D4L allows qualifying borrowers of properties transferred through deed-in-lieu of foreclosure (DIL) to […]
For the week of Nov 16, 2009 — Vol. 7, Issue 46 Last Week in Review “A STEP IN THE RIGHT DIRECTION…BUT DON’T PUSH YOUR LUCK.” “A STEP IN THE RIGHT DIRECTION…BUT DON’T PUSH YOUR LUCK.” Barbra Streisand obviously wasn’t singing about Bond prices or interest rates in her 1980’s song. […]
Short Sales – Time to Take Control I mentioned previously that as a society we don’t have the political will to foreclose on every mortgage in default. As a result, we see government interventions including foreclosure moratoriums, troubled asset relief, and new loan modification programs. However, these are at best stop gap measures — each failing […]
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