Real estate in brief: Fannie and Freddie plans, LGBT house-hunting and more – Chicago Agent Magazine National News

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Debt repayments overtake commitment to new loans Forcing homeowners into expensive insurance A Student Debt Forgiveness Program that’s Out of Control VA owes disabled veterans refunds on home loan fees, report says If you served during the Gulf War, contact your local VA Environmental Health coordinator about getting a gulf war registry health exam. eligible Veterans may qualify for disability compensation and.Force Placed Insurance Coverage | Get Coverage Today! – The high costs of force-placed insurance can even push at-risk homeowners into foreclosure. Refusing to pay the force-placed policy isn’t an option either. Due to the agreement you made by signing your mortgage loan papers, you are required to pay for the policy, high premiums and all. · Armed Forces Student Loan Repayment Programs. Eligible enlistees must sign up for this program when they sign their enlistment contract and they will be eligible for up to $10,000 in student loan repayments. The Air Force will make a payment of 33 1/3 percent of your student loans, or $1500, whichever is greater,

The program will combine previously separate markets for mortgage-backed securities known as TBAs. Proponents say it will lower mortgage interest rates. Source: Inman News

Since jumbo mortgage loans can’t be sold off to Fannie Mae or Freddie Mac, you can expect to pay slightly higher rates, as little as 1/8% more than a conventional mortgage loan. Just like with a traditional mortgage, it pays to compare rates and fees to find the best mortgage.

Real estate in brief: Fannie and Freddie plans, LGBT house-hunting and more. by Ashley Bowden June 6, 2019. Fannie, Freddie conservatorship plans in final stages. Long-discussed plans to take Fannie Mae and Freddie Mac out of their government-controlled conservatorship status and return ownership to private shareholders may be nearly complete.

Fannie and Freddie’s Uncertain Future, Explained

Fannie and Freddie Back More Mortgages of Those Deeply in Debt. An increasing number of loans are going to borrowers with debt-to-income ratios of 43% or higher, even as policy makers weigh changes. The post Fannie and Freddie Back More Mortgages of Those Deeply in Debt appeared first on Real Estate News & Insights | realtor.com.

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Real estate in brief: Fannie and Freddie plans, LGBT house-hunting and more – Chicago Agent Magazine National News Plans to end government-controlled conservatorship of the GSEs, lower mortgage rates, the valuation of "gayborhoods" and more are all featured in our national real estate news round up this week.