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Fannie
Mae recently announced home buyers who purchase a Fannie Mae-owned property
listed on the company’s REO Web site, for owner-occupant use www.homepath.com can receive up to 3.5
percent of the final sales price, which can be used toward closing cost
assistance, including a home warranty, if desired and available. ...
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---Borrowers can search and identify the mortgage investor holding their loan with Fannie Mae's Loan Lookup at http://makinghomeaffordable.gov/loan_lookup.html. Freddie Mac also provides a comparable tool on its Web site.
---Wells Fargo inherited a $119.7 billion portfolio of option ARMs when it purchased Wachovia. The bank now is ...
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By: Amy Bonitatibus
Fannie Mae Announces Deed for Lease™ Program
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