FW: Inman PM: Home Affordable refi program expanded

 

 

Mark Daniel Adamczyk / Realtor
Office: 407-909-9331
Cell: 407-949-1916
Mark@ItsYourSale.com

 

http://www.ItsYourSale.com

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Wednesday, July 01, 2009 4:11 PM
To: mark@itsyoursale.com
Subject: Inman PM: Home Affordable refi program expanded

 

ADVERTISEMENT Free eBook — Stand Out and Sell More: Using Real Estate Knowledge to Build Your Business Turn more prospects into clients with better meetings and presentations. Download your free eBook — stand out and sell more today! TODAY'S TOP STORIES = Premium Member News - Join Now » Wednesday, July 01, 2009 Home Affordable refi program expanded Homeowners who are up to 125 percent underwater will be allowed to refinance under the Obama administration's Home Affordable Refinance Program if they are current on their payments and their loan is owned or guaranteed by Fannie Mae or Freddie Mac. The federal regulator overseeing Fannie and Freddie has boosted the program's loan-to-value (LTV) ceiling from 105 percent to 125 percent to allow more homeowners to take advantage of lower mortgage rates. More » When real estate days are numbered Letters From the Home Front Pending home sales inch up in May Four months of gains not seen since 2004 Refi applications plunge 30% Demand at 7-month low Empty house may cost more to insure Sellers get surprise as home languishes on market Building repairs don't pay off for owner Law of the Land OTHER TOP STORIES Repositioning for the future The Davison Files Cutting through the noise Applied intelligence: the key to innovation Real estate and social media marketing July essay competition Sawbuck Realty expands to Los Angeles Company gets $2 million in round of financing Realtor launches online 'reality show' Gary Keller book inspires $1 million goal Latest News » NOTABLE QUOTE "The new-school approach involves meeting consumers, not with an unwelcome phone call or door knock, but online where they are willing to engage in a real conversation. Instead of memorizing and regurgitating a script, the social media community wants to meet the real you that exists outside of real estate." --Bernice Ross	ADVERTISEMENT Only 5 Weeks Left Until Connect SF '09! Discover technologies that will save you money! Real Estate Connect San Francisco 2009. REGISTER TODAY MOST COMMENTS Defaulting homeowners strike back New brokerage model: from bust to boom Appraisal issue coming to a head ADVERTISEMENT Want to Know What's on Brad Inman's Mind? You can now follow him on Twitter @BradInman
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