Air Force

February 8, 2013

Short sale assistance offered to military homeowners with government loans

The Federal Housing Finance Agency has announced changes to short sale policies that will make it easier for military homeowners with Fannie Mae and Freddie Mac mortgages to honor financial commitments when they are issued a permanent-change-of-station order.

Under the new policy Fannie Mae and Freddie Mac will not pursue a deficiency judgment or any cash contribution or promissory note from military members with a change in duty station for any property purchased on or before June 30, 2012, when receiving permission for a short sale.

The service member does not have to be delinquent to apply for a short sale.

To determine if a home loan is held by Fannie Mae or Freddie Mac, go to http://www.fanniemae.com/loanlookup/ or https://ww3.freddiemac.com/corporate/ websites or call the hotlines for military homeowners at (877) MIL-4566 or (800) FREDDIE.

 




All of this week's top headlines to your email every Friday.


 
 

 
DT_JTC0216

Supreme allied commander comes home

Gen. Philip Breedlove, left, NATO supreme allied commander, Europe, visited Luke Air Force Base Sept. 12. Brig. Gen. Scott Pleus, right, 56th Fighter Wing commander, briefed the general on Luke’s evolving mission to train F-3...
 
 
Senior Airman Grace Lee

Command post chief averts potential disaster

Senior Airman Grace Lee Capt. George Normandin, 56th Fighter Wing Command Post chief, received the Aviation Safety Well Done Award Sept. 2, presented by Brig. Gen. Scott Pleus, 56th FW commander. Normandin took control of an F-...
 
 

You are what you eat

“You are what you eat.” This is a generic statement or a notion. It implies that if you eat healthy, you will be healthy. But how true is this in the world today? What we eat, drink, wear, drive and buy is often an attempt to construct a social identity. It lets others know who...
 

 

Knowledge equals power

The phrase “knowledge is power” is said to originate from Sir Francis Bacon in 1597. Personally, I remember learning the phrase from the old television show “School House Rock” theme song. The key idea behind the phrase is the more knowledge you accumulate, the more “power” you will have. Here is a simple breakdown: knowledge...
 
 
Senior Airman
MARCY COPELAND

EOD Airman changed for good by life experiences

Senior AirmanMARCY COPELAND Tech. Sgt. David Gerig’s, 56th Civil Engineer Squadron Explosive Ordnance Disposal team chief, first assignment after technical school was Kadena Air Base, Japan. The challenges in life are often w...
 
 

News Briefs September 19, 2014

CFC kick-off The 56th Fighter Wing Combined Federal Campaign kick-off charity fair is 9 a.m. Monday in Bldg. 1130 auditorium. Learn about the 2014 campaign ‘Serving Our Country. Supporting Our Community.’ and visit with local charities. For more information, call Maj. Jennifer Preyer-Bonton at 623-856-7144. Hispanic Heritage Month National Hispanic Heritage Month began Monday and...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin