Thursday, December 9, 2010

Fannie's Helping

If you are someone whose mortgage is backed or held by Fannie Mae, I've got a bit of good news for you. Fannie has just launched a website to assist any homeowners currently behind on their payments or facing foreclosure. It's called Knowyouroptions.com and the web address is, obviously, www.knowyouroptions.com . it intends to provide good basic advice on subjects such as how to stay in your home and avoid foreclosure, or, alternatively, sell and avoid foreclosure. It also will list local foreclosure prevention event sin your area,counseling on housing, Fannie Mae resources, information on your credit score, as well as a whole bundle of forms, instructive videos and calculators, to mention just a few things. If that's not sufficient for you, the site also will provide good advice on recognition of and avoidance of the many foreclosure scams currently circulating that all are trying to separate you from your home illegally and NOT provide the claimed help they loudly trumpet they'll provide.
Hopefully, this will help those of you tied to Fannie Mae. Good luck!

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