Expands Housing Information and Foreclosure Prevention Resources

Posted 09/26/2012 by Anonymous

Since its launch in 2010, has helped educate homeowners who are facing foreclosure. But after two years -- and over a million visitors to the site -- KnowYourOptions™ has undergone a renovation that allows Fannie Mae to provide more information, resources and tools than ever before. Changes include: Expanded content. In addition to the foreclosure prevention information that has provided such value to date, now includes information on buying and renting a home, and expanded refinancing content. New calculators, tools and other consumer resources have been added as well. Integrated Loan Lookup functionality. The Fannie Mae Loan Lookup tool has been integrated into KnowYourOptions, providing a seamless experience when searching for refinance and mortgage assistance. The integration has made the lookup process easier and, best of all, you'll see customized results. When the Loan Lookup matches a Fannie Mae loan, results will show the borrower the date their loan was acquired by Fannie Mae. Homeowners also will be guided to potential options that may be available for their situation, such as the Home Affordable Refinance Program (HARP) or the Home Affordable Modification Program (HAMP), get recommendations on next steps, and -- if they're a Fannie Mae borrower -- get mortgage assistance by requesting an appointment directly with a Fannie Mae Mortgage Help Center. To learn more about the new features and benefits, check out today!

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