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Obama Plan -- Details of Bank Rescue Plan Released -- Finally
23 March 09 09:56 AM | Derick Drumm | 0 Comments   
March 23, 2009 Today, details of the bank rescue plan were released. Simultaneously, the stock market surged on this news and what the media is calling an unexpected increase in home sales (nationwide, existing home sales increased 5.1%). This is the Read More...
How to find out if you have a Fannie Mae Loan
19 March 09 07:54 PM | Derick Drumm | 0 Comments   
Do you have a Fannie Mae loan? A lot of borrowers are looking to refinance under the new refinance plan by President Obama. Please click on the attached link to find out if you have a Fannie Mae loan. http://loanlookup.fanniemae.com/loanlookup/ Read More...
Facing Foreclosure? What are your options?
11 March 09 05:29 PM | Derick Drumm | 0 Comments   
You now have more options than you did prior to March 4 th of this year. If your loan is a Fannie Mae loan, you may be able to get a loan modification to a lower rate or total loan amount. You may also be able to refinance if your amount owed is not over Read More...
Modification Opportunities for Those At Risk of Foreclosure
05 March 09 11:01 AM | Derick Drumm | 0 Comments   
March 4, 2009 The Obama Administration unveiled the final details of its "Making Home Affordable Program," which is designed to help up to 9 million American families refinance or modify their loans to a payment that is affordable now and into Read More...