Fannie Mae offers a Deed-for-Lease Program

Fannie Mae is introducing the Deed-for-Lease program to enable homeowners and renters to remain in their property for up to 12 months.

Click the link below for additional information:

deed for lease instructions

Worker, Homeowner and Business Assistance Act of 2009

The Federal Home Buyer Tax Credit has been extended to April 30, 2010 and has been expanded to include existing homeowners that have lived in their principle residence for five (5) of the last eight (8) years.

http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

Click the linkĀ  below for the fact sheet on The Worker, Homeownership, and Business Assistance Act of 2009

http://www.whitehouse.gov/the-press-office/fact-sheet-worker-homeownership-and-business-assistance-act-2009

H.R. 3548: Worker, Homeowner and Business Assistance Act of 2009

http://www.govtrack.us/congress/bill.xpd?bill=h111-3548

New Guidelines for Assignment of Home Appraisers

Effective May 1, 2009, lenders that sell their loans to Fannie Mae and Freddie Mac will will have to comply with “Home Valuation Code of Conduct”.

Click the link below to view the document.

hvvc1