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Real Sonoma

News and conversation about Sonoma County real estate

Fannie Mae’s video stories give tips to beat foreclosures.

It may not feel entertaining, but distressed homeowners now can watch government-backed videos where actors dramatize the ways that people try to avoid foreclosures. WaysHome is a new online program released Thursday by Fannie Mae, a federally controlled company that provides loan guarantees and funds for mortgage lenders. The videos offer viewers tips by showing three families who owe more on their mortgages than their homes are worth. Viewers select a family and “walk in their shoes,” as an announcer… Read More »