Milwaukee Bankruptcy Attorney Blog by Miller & Miller Law, LLC » Fannie Mae

Home Prices Close to Bottoming, Set to Rise in 2013

Jason S. Crye — Tue, 15 May 2012 15:55:39 +0000

If you are one of thousands of Wisconsin home owners worried about the value of your home there is good news and bad news: Values will continue to drop this year but forecasters predict values to begin to rise in 2013. Here’s an interesting article on the subject from Yahoo! Finance.

If you are living in Wisconsin and need help saving your home due to a foreclosure, call Miller and Miller today. With offices in Milwaukee, Germantown, and Kenosha our attorneys are close by for everyone in the Milwaukee metro area. And if you don’t live in Southeastern Wisconsin, call us anyway as we serve all of Wisconsin.

Mortgage Rates Over the Past Year

Jason S. Crye — Tue, 08 May 2012 14:33:26 +0000

While foreclosures in the Milwaukee, Waukesha, Racine area are trending down, people in Wisconsin are still very interested in ways to help them manage their mortgages. One bright spot in these difficult economis times has been the low mortgage rates, check them out here.

If you need advice on how to save your home and you are living in Wisconsin, call Miller and Miller today. With offices in Milwaukee, Germantown, and Kenosha we have an office near you.

What to Do When you Receive Foreclosure Papers

Jason S. Crye — Mon, 23 Apr 2012 15:47:03 +0000

It can be a daunting task to right the ship when faced with a foreclosure, however, there are options for those of you in this situation. Miller & Miller has helped thousands of Wisconsin families save their homes and get a financial fresh start. Click on this link to read a story from Yahoo! Finance on how three families fought to save their homes.

With offices in Milwaukee, Germantown, and Kenosha, our attorneys are close by if you live in Wisconsin and need advice you can count on. Call us today!

Worthwhile Article on the Housing Crisis

Jason S. Crye — Tue, 17 Jan 2012 20:34:55 +0000

While foreclosures in Wisconsin are down, the housing crisis still exists in Milwaukee, Kenosha, Waukesha, and other southeastern Wisconsin communities that Miller and Miller serves. Here is a link to an interesting article from MSN Money on why something needs to be done to remedy the housing crisis, along with a unique solution.

If you live in the Milwaukee metro area and are looking for ways to keep your home, contact Miller and Miller today. And remember that we have offices conveniently located in Milwaukee, Kenosha, and Germantown to ensure that everyone in southeastern Wisconsin has an office close by.

FORECLOSURES DOWN IN MILWAUKEE AREA

Jamie Miller — Wed, 06 Jul 2011 14:23:31 +0000

The Milwaukee Journal Sentinel is reporting this morning that the number of new foreclosure cases in Milwaukee dropped 8% in June compared to foreclosure filings in June 2010. The article went on to say that monthly totals remain at elevated levels for the area, as high unemployment and a week housing market continue to take a toll.

In a response to these foreclosure filings the bankruptcy court for the Eastern District of Wisconsin has initiated a mortgage mediation program. This program helps people overcome large arrearages on mortgages so that they are able to stay in their homes. Call me anytime at 414-277-7742 for further information on this opportunity to save your home.

http://www.millermillerlaw.com

Fannie Mae Fights Back

Alex Martin — Tue, 29 Jun 2010 20:27:41 +0000

As of 2008, Fannie Mae and Freddie Mac owned or guaranteed about half or 56.8% of the U.S.’s $12 trillion mortgage market. Fannie Mae announced recently that it intends to fight back against homeowners who walk away from their property without making an effort to negotiate a workout with the mortgage servicing company. Fannie Mae has instructed servicing companies to identify those homeowners who do not attempt, in good faith, to negotiate a workout. Identifying these homeowners will allow Fannie Mae to pursue deficiency claims against them if the property ends up selling for less than what is owed. Fannie Mae also intends to bar the homeowners from obtaining a Fannie Mae guaranteed mortgage in the future for a period of seven years. This move by the mortgage giant is in reaction to a growing response by some homeowners who, fed up with crashing market values, strategically default on their mortgages and walk away from their property.

Suspension of Foreclosures

Jamie Miller — Fri, 18 Dec 2009 17:57:05 +0000

Fannie Mae, Freddie Mac suspend foreclosures for holidays.