WASHINGTON – Nov. 15, 2012 – Advertising and other outreach efforts are kicking off around the country to remind eligible borrowers of the Dec. 31 deadline to request a free, impartial review through the federal government’s Independent Foreclosure Review.
Print, radio, television and online advertising will target communities hit hardest by mortgage foreclosures. Eligible borrowers will also be contacted by mail, e-mail and phone. The government will even coordinate its efforts with community, housing and faith-based groups. In addition to English, advertising and information is available in Spanish, Mandarin, Korean, Vietnamese, Hmong, Russian, Creole and Tagalog.
While identity theft can happen at any time of the year, people are particularly vulnerable to this crime during the hustle and bustle of the busy holiday season.
According to the Federal Trade Commission, an estimated 9 million Americans have their identities stolen each year. And ID theft is rampant during the holiday season, where distractions and situations can expose you to thieves and other scam artists looking to rob your personal and financial information.
To keep your good cheer and identify intact, the following are some easy and simple steps to inoculate yourself from identity theft over the holiday season and throughout the New Year.
Saturday, November 24, 2012 is Small Business Saturday® – a day to celebrate and support small businesses and all they do for their communities. Please join the SBA and organizations across the country in supporting your local small business by shopping at a small business.
ORLANDO, Fla. – Nov. 12, 2012 – Dual income households comprise a greater portion of the housing market and are helping sales recover, according to the 2012 National Association of Realtors® Profile of Home Buyers and Sellers released on Saturday.
The annual buyer-seller survey evaluates the demographics, preferences, motivations, plans and experiences of recent homebuyers and sellers. The responses are heavily representative of owner-occupants and don’t include most investors.
ORLANDO, Fla. – Nov. 12, 2012 – The housing market recovery should continue through the coming years, assuming there are no further limitations on the availability of mortgage credit or a “fiscal cliff,” according to forecast presentations at a residential forum at the 2012 Realtors® Conference and Expo. Lawrence Yun, chief economist of the National Association of Realtors (NAR), said the housing market clearly turned around in 2012.
“Existing-home sales, new-home sales and housing starts are all recording notable gains this year in contrast with suppressed activity in the previous four years, and all of the major home price measures are showing sustained increases,” Yun said. “Disruption from Sandy likely will be temporary, notably in New Jersey and New York, but the market is likely to pick up speed within a few months with the need to build new homes in damaged areas.”
ORLANDO – Nov. 12, 2012 – Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac play a crucial role in the secondary mortgage market and support the ongoing housing market recovery – but they’re also laying the groundwork for a better future housing finance system. The GSEs buy mortgages from lenders, which frees banks to lend money to more homebuyers.
Officers from the two GSEs addressed Realtors® at the “Regulatory Issues Forum – Housing Finance Today and Tomorrow” session at the 2012 Realtors Conference and Expo.