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Freddie mac home eviction
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My son is wanting to purchase a freddie mac home.The former owners are living in it paying rent month to month. The bank and or sellers live 60 miles from the property claiming the people are moving out. They don't speak English. Whose responsibility is it to get them out and how long does it take?...
Definition of residential structure or dwelling for Fannie Mae/Freddie Mac?
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Hi! I am in desperate need of an answer! My local county defines a dwelling unit as a structure that has sleeping quarters, sanitary facilities, and cooking. Fannie Mae, as far as I can tell, defines 'dwelling unit' as a 'residential structure' but then gives no definition I can find as to what the...
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What has caused it? What can be done to fix it? In order to answer these questions, we need to first understand what the problem is. Here's my attempt to explain the mortgage crisis and its causes. First, it must be understood that it is the job of banks to lend money. It is through...
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The Congressional Budget Office (CBO) said that the cost of the bailout of Freddie Mac and Fannie Mae(which own or guarantee half of the nation's mortgages) is around the tune of potentially $5,400bn .(that's $5.4 trillion) To put that number in perspective the entire US deficit is $407bn so over...
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Um it was about this one girl working for a nursing home and she goes out to these house to help the old people who needs help. Who can't help themselves. So she goes out to this house in the middle of nowhere and finds like old stuff in the attic and its about this old thing from the old slave... View more questions Search
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