The mortgage foreclosure process creates three sets of real estate investment
opportunities: the "Default/Pre-Foreclosure" phase, the "Auction/Sale" phase and the
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Freddie Mac is chartered by Congress and does not actually lend money. Instead,
Freddie Mac buys mortgages from various mortgage lenders, sets lending criteria and
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The advantages of being a first time homebuyer are plentiful and can be utilized
if you know and understand your options and the ways in which you can save money.
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Imagine a busy lending office where a loan officer has just ordered a credit
report. He hears the whir of the laser printer and he knows the pages of the credit
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