Tag Archives: fannie mae

New Penalty for Homeowners Who Walk Away
Jun 23, 2010 - Losing your home to foreclosure is one thing, but walking away just because it's financially convenient could keep you out of an FHA-backed mortgage for seven years.

Reappraising Appraisers
Jul 16, 2008 - Step one in fixing our mortgage system? Remove the temptation for appraisers to inflate home appraisals, typically used to allow lenders to lend too much and borrowers to borrow too much.