For some homeowners, March 1 will be Liberation Day. That’s when Fannie Mae and Freddie Mac will start allowing some homeowners who have been stuck in their homes—unable to move because they owe more than the property is worth—to relinquish the houses and cancel their debt.
Read more: Soon You Can Flee Your Underwater Home. But It Will Cost You - Yahoo! Finance
Wednesday, February 6, 2013
Soon You Can Flee Your Underwater Home. But It Will Cost You - Yahoo! Finance
For some homeowners, March 1 will be Liberation Day. That’s when Fannie Mae and Freddie Mac will start allowing some homeowners who have been stuck in their homes—unable to move because they owe more than the property is worth—to relinquish the houses and cancel their debt.
Read more: Soon You Can Flee Your Underwater Home. But It Will Cost You - Yahoo! Finance
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February
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- Housing Fundamentals Suggest Solid 2013 Recovery
- Report: Mortgage Banking to Stay Profitable; Refi ...
- Housing Starts Impacted by Distressed Inventory
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- Mortgage bill faces tough road in Congress - Daily...
- Some factors increase chance of audit
- Mesa expects freeway to drive development
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- Metro Phoenix bankruptcies decline further
- Foreclosures no longer driving force in metro Phoe...
- Arizona home prices jump the most in U.S.
- Fannie and Freddie streamline deeds-in-lieu | Inma...
- Freddie Mac: 27% of Borrowers Refinanced into Shor...
- Foreclosures Prevented with 850K Mods, 422K Short ...
- More Than 1.1 Million Homeowners Granted Permanent...
- Phoenix-area housing: Today’s land sales, tomorrow...
- Survey: Consumers Maintain Positive View Toward Ho...
- Soon You Can Flee Your Underwater Home. But It Wil...
- Interest rates: The big freeze
- Median Phoenix home prices jumped 29% in 2012
- Scottsdale and Valley housing prices rebound
- HOA files complaint over Mountain Shadows permit
- Historic San Marcos Resort sells for $11M
- Fannie and Freddie May Face Competition In Multifa...
- Better economy jump-starts Jefferson apartments
- Spirit Realty Doubles Size, Diversifies with Cole ...
- Multifamily Sector to Remain Strong with a Few Hic...
- IRS Provides Guidance on Mortgage Modifications
- Q&A: What is the ‘Qualified Mortgage’ rule? | Dead...
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