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Sue Copening's Blog – February 2009 Archive (6)

Have a Fannie/Freddie mortgage? You might be able to ReFi !!

Make the most of rare refi opportunity

Details of the Obama administration's foreclosure-avoidance programs are surfacing, and syndicated columnist Kenneth R. Harney advises that if Fannie Mae or Freddie Mac owns or guarantees your mortgage — and you've got an on-time payment record and an interest rate above prevailing levels — it's time to get ready to refinance.

By Kenneth R. Harney, Syndicated Columnist

Found here:… Continue

Added by Sue Copening on February 28, 2009 at 3:00pm — No Comments

Got Debt? Top 10 Questions to Ask Yourself.

United First Financial has an award winning program to help American's get out of debt.... BUT is it right for everyone? Is it right for YOU?

Lowering debt INCREASES your cash flow. There are numerous reasons why you should focus on getting out of debt... besides the obvious one that you should be KEEPING more of your money yourself.

Here are 10 Questions to ask yourself to see if UFirst can help make this easier for…

Added by Sue Copening on February 23, 2009 at 1:30pm — No Comments

FREE Security Device!! Good idea!

Thanks to Cathy Johnson for emailing this to me. Thought it was a great idea so am posting it here...


Tell your spouse, your children, your neighbors, your parents, etc.

Put your car keys beside your bed at night. If you hear a noise outside your home or someone trying to get in your house, just press the panic button for your car. The alarm will be set off, and the horn will continue to sound until either you… Continue

Added by Sue Copening on February 22, 2009 at 5:30pm — No Comments

Poll: Public fears about troubled economy growing

WASHINGTON – As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.

Nearly half of those surveyed said they worry about becoming unemployed — almost double the percentage at this time last year.

The poll released Wednesday also found public support dipped slightly in the past month for the… Continue

Added by Sue Copening on February 19, 2009 at 12:30pm — No Comments

Hold Off Foreclosure: Homeowners’ rallying cry: Produce the note

Homeowners’ rallying cry: Produce the note

by MITCH STACY Associated Press

Kathy Lovelace lost her job and was about to lose her house, too. But then she made a seemingly simple request of the bank: Show me the original mortgage paperwork.

And just like that, the foreclosure proceedings came to a standstill.

Lovelace and other homeowners around the country are managing to stave off foreclosure by employing a strategy that goes to the heart of… Continue

Added by Sue Copening on February 19, 2009 at 12:30pm — No Comments

Fannie/Freddie: Plan offers to help foreclosure victims remain in their homes

The rental option: Plan offers to help foreclosure victims remain in their homes

~~ Originally published February 17, 2009

~~ By Ike Wilson - News-Post Staff

Fannie Mae and Freddie Mac announced programs to help homeowners who have borrowed from the mortgage giants and face foreclosure to remain in their properties as renters on month-to-month leases.

The proposal received some positive reaction from residents.

Considering the significant number… Continue

Added by Sue Copening on February 17, 2009 at 3:21pm — No Comments

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