Making Homes Affordable

Buying a home and being able to make mortgage payments regularly have been difficult in the past few years. With massive unemployment rates, more people have been forced to take up rental living. The government has been putting forward various measures to help homeowners and

Fannie Mae and Freddie Mac To The Rescue

In the wake of the rampage created by Hurricane Sandy, Freddie Mac has offered to help homeowners whose homes have been damaged or destroyed. The government-controlled mortgage finance giants Freddie Mac and Fannie Mae form the backbone of the mortgage industry. They buy home loans from banks and other lenders,

When Is Form 4506 Used for a Tenant?

Isn’t 4506-T used by lenders to obtain tax return transcripts, you may ask. Well, yes, but it also has a role in the home rental market where 4506-T is used by the landlords before choosing a tenant: income and employment verification. It is crucial to verify a