NAR asking homeowners for help

WASHINGTON – July 11, 2011 – Starting today, the National Association of Realtors® is contacting 6 million consumers nationwide by email. Those consumers will be asked to participate in a Consumer Call for Action regarding the Qualified Residential Mortgage (QRM)…

Unemployed homeowners get more relief

Under the policy changes, mortgage companies collecting payments on Federal Housing Administration (FHA)-backed loans will be required to offer 12 months of forbearance for qualified unemployed borrowers, the White House said in a release. Out-of-work borrowers with these loans now…

U.S. bill would reorganize Fannie/Freddie

WASHINGTON – July 8, 2011 – The National Association of Realtors® (NAR) announced support yesterday for plan to reorganize the secondary mortgage market, which includes Fannie Mae and Freddie Mac. The secondary market buys loans originated by local lenders, which…

About Rusty…

Rusty Abbott has been a Treasure Coast resident since 1994. Growing up in Vero Beach, he graduated from Saint Edward’s School, and then went on to earn his bachelor’s degree from the University of Florida. He learned the real estate…