General Appraising & Consulting Services, Inc. is a full service real estate appraisal firm dedicated to providing our clients professional, quality driven solutions for their valuation needs in the far Western North Carolina region.

Tag Archives: Fannie

New rules when dumping your mortgage

Posted on November 30, 2012 by

Fannie Mae has announced new options for homeowners who want to hand over their keys to be released from their mortgages. Continue reading →

Posted in Mortgages | Tagged deed-in-lieu, Fannie, mortgage release, Mortgages, news | Comments Off

Feds sue BofA for mortgage fraud

Posted on October 24, 2012 by

Prosecutors allege that defective loans were intentionally sold to Fannie and Freddie. Continue reading →

Posted in Mortgages | Tagged Bank of America, Countrywide, Fannie, Freddie, lawsuit, Mortgages | Comments Off

Borrowers in 5 states to pay more

Posted on September 20, 2012 by

Mortgage borrowers in five states would have to pay more for their loans starting next year. Continue reading →

Posted in Mortgages | Tagged Fannie, fees, Freddie, Mortgages, Rates | Comments Off

Higher mortgage fees on the way

Posted on September 5, 2012 by

Borrowers who want to beat higher mortgage fees should get moving. Continue reading →

Posted in Mortgages | Tagged Fannie, Freddie, guarantee fee, mortgage, Mortgages | Comments Off

Short sales made easier

Posted on August 21, 2012 by

New rules are supposed to make short sales easier. Will they? Continue reading →

Posted in Mortgages | Tagged Fannie, Freddie, mortgage, Mortgages, rules, short sale | Comments Off

Fannie and Freddie won’t forgive

Posted on August 1, 2012 by

The two mortgage companies won’t cave in to pressure from the Obama administration. Continue reading →

Posted in Mortgages | Tagged Fannie, Freddie, mortgage, Mortgages, principal, reduction | Comments Off

The forgiveness brawl

Posted on May 2, 2012 by

Fannie Mae could have saved taxpayers “significant amounts of money” if it had implemented a loan forgiveness program in 2010, according to internal documents obtained by democratic lawmakers. Continue reading →

Posted in Mortgages | Tagged demarco, Fannie, Freddie, mortgage, Mortgages | Comments Off

Forced mortgage reductions?

Posted on April 9, 2012 by

There may be a legal obligation for Fannie and Freddie to write down mortgage principal. Continue reading →

Posted in Mortgages | Tagged Fannie, Freddie, homeowners, mortgage, Mortgages, principal, reductions, write-downs | Comments Off

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