Fannie Mae Cracking Down On Homeowners Who Walk Away
Homeowners who walk away from Fannie Mae mortgages will be snubbed for seven years, according to the Associated Press. Fannie Mae says they’re trying to encourage homeowners to avoid foreclosure by banning those who walk away from getting loans. The idea is to deter homeowners who could pay from simply walking away from their responsibilities. [...]
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Why You Should Care About America’s Growing Debt
The US national debt equals out to about $42,000 for each person and grows at a rate of more than $4 billion a day. With 14 digits and four commas, it’s a number almost too big to fathom. But a new report by CNNMoney gives us reasons to care about America’s growing debt. Not only [...]
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