Home Equity Hits New Low The scoop on ARMs: hybrids, rates and caps
Mar 07

Yet another program to help homeowners who are delinquent on their
mortgages was announced last week by Fannie Mae.

HomeSaver provides funds to pay past due balances of
principal, interest, taxes, insurance (PITI), and up to six months (in
some cases 12 months) of home owner association (HOA) fees.

There is a $600 workout fee paid to the
servicer…

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