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Fannie Mae Issues New HELOC Rules

Fannie Mae (the largest national provider of home loan funds) recently issued new rules that will affect many HELOC customers. The Boston Globe reports: “Fannie Mae will no longer allow homeowners to...

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A Home Equity Line of Credit From Congress?

Government sponsored enterprises Fannie Mae and Freddie Mac may no longer be in trouble, thanks to a generous resolution passed by the House. The new bill gives these organizations access to an...

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No Fannie / Freddie HELOC Foreclosures During Holidays

Fannie Mae and Freddie Mac won’t be perusing foreclosures during the holidays. Even those facing HELOC foreclosure are off the hook – at least for a few weeks. MarketWatch reports: “Fannie and Freddie...

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