Fannie Mae Wants You to Know Your Options

Fannie Mae Wants You to Know Your Options

If you're looking for help on your current mortgage, you probably wouldn’t think of turning to Fannie Mae. Although it’s a giant in the real estate industry, Fannie Mae has always focused more on lenders and securities, and less on individual homeowners.  So I was thrilled to learn that Fannie Mae just launched a new website for people struggling to pay their mortgage. The site helps visitors clearly understand their options so they know what to do to stay in their homes. I highly recommend it.   In their website’s resources , Fannie Mae emphasizes the importance that FICO credit scores have in loan decisions. They address the impact that foreclosure and related actions can have to a person’s FICO score. And they link visitors back here to myFICO if they want a … [Read more...]