Starting in October, Fannie Mae says, strategic defaulters will be disqualified for new Fannie Mae-backed loans for seven years after their foreclosures. Fannie also says it will go to court where it … [Read more...]
Strategic Default
Underwater, but current on payments don’t expect help… You’re Stuck
July 30, 2010 By Leave a Comment
Mike Larson, a housing analyst with Weiss Research in Jupiter, Fla., said the government largely has failed to address the plight of homeowners who still are paying on underwater mortgages.The … [Read more...]
