Facing repossession due to challenges making home loan payments and considering Chapter Seven insolvency? It’s crucial to grasp how Fannie Mae, previously the Federal National Mortgage Association, relates into this complex situation. Generally, Fannie Mae doesn’t directly show up in a Chapter 7 case. They are a large investor that purchases ho… Read More
Recovering financially after a Chapter 13 bankruptcy can be challenging, especially when seeking a new mortgage. In Arizona, FHA loans often provide a viable solution for borrowers who have gone through bankruptcy. These government-backed mortgages are known for their accommodating underwriting standards, making them desirable to those with less… Read More