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What is a blog?

A Weblog, which is usually shortened to blog, is a website where regular entries are made (such as in a journal or diary) and presented in reverse chronological order.  Blogs often offer commentary or news on a particular subject, such as technology, politics, or local news; some function as more personal online diaries.  A typical blog combines text, images, and links to other blogs, web pages, and other media related to its topic.  Most blogs are primarily textual although many focus on photographs, videos, or audio.

Some blogs are very focused on the personal writing of the author.  Others take an editorial approach, as editors search the Web looking for interesting content.  On their blogs, they may then write up a short comment and link to this content.  Others use blogs as a collaborative tool among a defined group of people who work together on a specific product or issue.  Read more about blogs on Wikipedia.org.

Another form of blogging is the microblog.  As its name suggests, microblogging is simply writing extremely short blog posts in the vein of text messaging.  The messages can either be viewed by anyone or by a restricted group that is chosen by the user.

Fanny Mae helps Military homeowners
Larry
Posted: Tuesday, September 28, 2010
Category: Survivor Outreach Updates

27 September 2010                                                                             PRNewswire                                                                                              Fannie Mae Announces Support for Military Homeowners
 
Surviving Spouses and Wounded Warriors Eligible for Special Forbearance

WASHINGTON, -- At an event today at the Pentagon, Fannie Mae and the U.S. Army announced new initiatives to help service members who are struggling with their mortgage payments avoid foreclosure.   The effort includes a mortgage payment forbearance of up to six months where the death or injury of a service member on active duty causes a hardship for impacted military families with a mortgage obligation. 

The company also announced the creation of a special hotline, 877-MIL-4566, available to all service members to receive guidance about their mortgage options and enlist assistance.

"The men and women of our Armed Forces have shown extraordinary commitment to our country while facing unique challenges as a result of their service," said Jeff Hayward, Senior Vice President of Fannie Mae's National Servicing Organization.  "No family impacted by a death or injury in the line of duty should have to face the additional burden of foreclosure as a result of the hardship.  We want to do all that we can to provide support to these families at a time of need as we honor their sacrifices and service to our country."

The Honorable Katherine Hammack, Assistant Secretary of the Army (Installations and Environment), remarked, "We who serve alongside our military recognize the great sacrifice they and their families make each day. The initiative between Fannie Mae and the lending community recognizes their sacrifice and demonstrates our gratitude for those who face economic hardships as a result of their service.  We are profoundly grateful for this heartwarming response from the lending community as they become partners in designing and implementing this initiative."

Service members or surviving spouses who may be eligible for the special forbearance are to contact their mortgage company.  The mortgage company may grant forbearance of up to six months under Fannie Mae's "Unique Hardships" guidelines with Fannie Mae's approval.  Under forbearance, the mortgage company may reduce or suspend the borrower's monthly payments for the specified period.  Credit bureau reporting will be suspended during the forbearance to minimize any derogatory impact.

For complete article click here http://www.prnewswire.com/news-releases/fannie-mae-announces-support-for-military-homeowners-103855863.html

 
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