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Freddie Mac offers loan modification “room service” to help borrowers

Dennis Norman

In an effort to help delinquent borrowers obtain Loan Modifications under the Affordable Refinance Program of the Making Home Affordable Program Freddie Mac has hired a company to come to borrowers homes and help them put together the documents and complete other actions needed to begin their three-month trial payment periods under the Affordable [...]

Mortgage delinquencies reach record levels; Is this the next bubble to burst?

Dennis Norman

All the news lately about the housing market, home sales in particular, has been encouraging and showing signs of stabilization in the real estate market and demonstrating that the real estate market may have seen the worst.  Just when you think you may be through the storm though you see another dark [...]