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Home Owner News Archive


Fannie Mae Launches WaysHome Interactive Video Tool to Help Struggling Homeowners

RISMEDIA, January 7, 2011—Fannie Mae recently launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011. As part of Fannie Mae’s “Know Your Options” initiative to ...


FHA Issues Guidance for Reverse Mortgage Borrowers and Lenders Dealing with Outstanding Debts

RISMEDIA, January 6, 2011—The Federal Housing Administration (FHA) released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance ...


Do-It-Yourself Interior Painting Is Like Money in the Bank

RISMEDIA, April 22, 2011—Trying to decide whether to do some home remodeling this year or leave your money in the bank? You can do both if you remodel with paint. “The cost of do-it-yourself interior painting is so low, it’s almost like remodeling without touching your bank account,” says Debbie ...


California First State to Adopt National Efficiency Standard for Light Bulbs

RISMEDIA, January 6, 2011—(MCT)—Californians will see the light—and a resulting energy cost savings—earlier than the rest of the United States.  The California Energy Commission says Golden State consumers will be the first in the nation to save money under a federal law improving the energy-efficiency standard of light bulbs. ...


Great Lakes Region Leads Nation in Outbound Traffic; Growth Slows in Western States, According to 2010 United Van Lines Migration Study

RISMEDIA, January 5, 2011—Outbound traffic from the Great Lakes region continued to lead the nation in 2010 with four states capturing high-outbound rankings. Western states that had traditionally experienced high-inbound traffic, most notably Nevada, saw their traffic level off. The ...


Bringing a New Approach to the American Dream – How Radian Stands Up for Homeownership

RISMEDIA, January 4, 2011—If you’ve been in the real estate industry for a long time, probably the last place you’d expect to see Brien McMahon is standing amidst a sea of pink flamingos. But McMahon is making a statement here. ...


Paint Offers Inexpensive Way for Homeowners to Freshen and Update Their Homes

RISMEDIA, January 4, 2011—Individual style, mixed with budget-conscious decorating will drive 2011 paint color trends, according to Debbie Zimmer, paint and color expert at the Paint Quality Institute. ...


Provision in Sweeping Bank Reform Law to Affect Mortgage Availability

RISMEDIA, January 3, 2011—(MCT)—A behind-the-scenes battle is forming over a provision to the sweeping bank reform law that will affect mortgage availability. At issue is a provision in the sweeping Dodd-Frank Act that requires banks to have "skin in the game" by retaining some of the risk of loans they ...


Economic Forces Drive Population Shifts Across U.S., Census Shows

RISMEDIA, December 30, 2010—(MCT)—One of the hallmarks of the American economy has been the mobility of its people—the speed with which they pulled up stakes to seek better opportunities elsewhere. But the deep recession ambushed long-running population trends, sharply slowing the migration to the Sunbelt while giving a boost to ...


Extended Families Come Together Under One Roof to Make Ends Meet

RISMEDIA, December 30, 2010—(MCT)—Morning begins in the Grisso household with the coffee maker grinding beans at 6:07, churning with the same grating sound as a fork spinning in a sink disposal. The eight occupants of the house stir. Two grandparents float into the kitchen and head to work, taking the ...


New Federal Program Provides Nearly 73 Million Dollars in Counseling Grants to Help Families Find and Keep Housing

RISMEDIA, December 29, 2010—In an effort to help families find decent housing and to prevent future foreclosures, the Obama Administration announced nearly $73 million in housing counseling grants to more than 500 national, regional and local organizations. As a result ...


Economic and Housing Outlooks Brighten According to Fannie Mae Analysis Group

RISMEDIA, December 28, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the ...


Bank of America Halts Foreclosure Sales during Investigation of Its Practices

RISMEDIA, December 28, 2010—(MCT)—A Bank of America freeze on foreclosure sales spread Friday to the Inland Empire in California after the biggest bank in the U.S. announced it was broadening an investigation into its foreclosure practices to ...


Real Estate Agents Reviewing Safety Precautions in Wake of Ohio Crimes

RISMEDIA, December 28, 2010—(MCT)—In response to the recent crimes against real-estate agents in the Youngstown and Kent, Ohio, areas, local real-estate brokers are reviewing safety precautions for their agents. These incidents remind all agents nationwide to review safety procedures when showing vacant homes. ...


Regional Spotlight: Mortgage Defaults at Lowest Levels in 5 Years

RISMEDIA, December 28, 2010—Default risk on home loans in Ann Arbor, Mich., fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan's Ross School of Business. ...


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