Archive of posts tagged fund

California expands ‘Hardest Hit’ eligibility for distressed homeowners

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California has expanded the pool of borrowers who could qualify for three programs aimed at helping families at risk of losing their homes, by making those who tapped their home equity or who took out loans after Jan. 1, 2009, eligible for assistance. The California Housing Finance Agency (CalHFA) is administering nearly $2 billion in …

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New Lending Guidelines From Fannie Mae

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New lending guidelines being rolled out by Fannie Mae will make securing a mortgage a lot easier for some borrowers but harder for others. The rules, effective on Dec. 13, will allow buyers to use gifts and grants from nonprofit groups for their minimum 5 percent down payment, which is the threshold set by Fannie …

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NAR Home Buyer and Seller Survey Shows Value of Long-Term Home Ownership

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Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer survey of home buyers and sellers. The study was released here today at the 2010 REALTORS® Conference & …

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Manage your money like a woman

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Women typically earn less yet live longer than men, which suggests they need a different financial plan. Here are 13 strategies to ensure a comfortable retirement: Family finances: Cut off your kids Sure you want to help your children. But women too often lend a hand at the expense of their own long-term security: Half …

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