Facing repossession due to difficulty making house payment payments and considering Chapter 7 failure? It’s crucial to grasp how Fannie Mae, previously the Federal National Mortgage Association, fits into this complicated situation. Generally, Fannie Mae doesn’t directly show up in a Chapter 7 case. They are a large investor that buys home loan… Read More

When applying for an FHA or VA mortgage, it's essential to know about lender overlays. These additional requirements can impact your potential to secure financing. Lender overlays vary widely, so thorough research is necessary. Get acquainted with common lender overlays, such as credit score expectations, debt-to-income ratios, and… Read More