Housing Crash Central: News on Housing Bubble

What's the difference between Fannie Mae Homepath and Freddie Mac Homesteps?

Posted from The Mortgage Porter 96 days ago
Housing Crash Central : Credit Crunch and Mortgage News

Fannie Mae and Freddie Mac both offer special incentives to entice buyers to properties they have foreclosed on. Fannie Mae's program is called Homepath and Freddie Mac's is Homesteps. Although the names some similar, their incentives are VERY different. Fannie Mae's Homepath program is only available for homes identified on their website www.homepath.com.  As of the publishing of the post, the Fannie's Homepath site reports their are 175 homes listed in the greater Seattle area alone. The Homepath program is actually a conventional Fannie Mae program that offers special g... (original story)