Federal Reserve Goes On A “Sex & The City” Style Shopping Spree For Mortgage Debt The Federal Reserve pledged on Monday to buy unlimited amounts of Treasuries and mortgage-backed bonds to stabilize the mortgage markets. The Fed hopes it will have the same effect as when it rescued the economy in 2008. The Federal Reserve set a […]
Bank Of America Offers Coronavirus Relief To Bank of America Mortgage Customers Bank of America mortgage customers affected by the Coronavirus will be getting a break. The bank announced Thursday afternoon it was offering relief for consumers and small business clients impacted by the coronavirus. According to the bank, Bank of America mortgage and home […]
The 60-Day Trump Foreclosure Moratorium Does Not Apply To All Mortgages. Non-GSE Loans And Non-FHA Loans Not Part Of The Moratorium The 60-Day Trump Foreclosure Moratorium that President Trump announced Wednesday applies to most but not all mortgages. President Trump announced HUD is suspending all foreclosures and evictions for 60 days. The HUD foreclosure and eviction […]
Mortgage Servicers Ignoring Demands From FHFA That They Offer Homeowners Coronavirus Mortgage Relief Are Mortgage servicers ignoring demands from FHFA Director Mark Calabria? Believe it or not, they are and the FHFA is not happy. Calabria along with Fannie Mae and Freddie Mac leadership was forced to notify mortgage servicers of their obligations to their […]
Will Bail Bondsman Wayne David Collins Rat You Out To Law Enforcement? Miami bail bondsman Wayne David Collins likes to boast about his cozy relationships with law enforcement types. But will Wayne David Collins rat you out to them? If it means getting himself out of trouble or putting money in his pocket, you better […]
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