online social bookmark
Do Follow Social Bookmarking Site



Join
Login
Submit Story

Categories

View All
Adult
Anchors
Art & Design
Autos
Books
Careers & Jobs
Celebrities
Do No Evil
Do-It-Yourself
Education
Entertainment
Environmental
Family
Food
Gadgets & Tech
Gambling
Gay & Lesbian
General
Health & Fitness
Humor
Law
Love & Personals
Men
Money
Movies
Music
News
Pets
Politics
Popular Videos
Real Estate
Religion
Science
Shopping
Sports
Television
Travel
Video Games
Women
1
$
150,000 Homeowners Benefit with New Fannie Mae Program
submitted by bbcrew
Being underwater in the existing market means owning more on a mortgage than the underlying security - that would be the home is worth. Some borrowers actually took out a loan that was near 100% home loan to value, others have watched their equity disappear as housing prices plummeted. Were the borrower to sell the house or refinance under today’s economic conditions he would have to bring cash

 
Topic:Money




Comments


Add your comment
Please Login or Signup to leave a comment



Oppza.com 2008