Rural refinance program to launch

CNJ staff The U.S. Department of Agriculture will launch a single family housing guaranteed rural refinance pilot program in New Mexico to help rural borrowers refinance their mortgages, according to U.S. Sen. Tom Udall, D-N.M. To be eligible under this pilot, borrowers must have made timely mortgage payments for 12 consecutive months. Rural residents can […]

Federal program aimed at helping homeowners with mortgage payments

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Alisa Boswell: Freedom New Mexico Eastern Plains Housing Development Corporation Executive Director Monica Gutierrez and associates, from left, Chandra Hall, April Uribe and Anna Avila, go over dates for housing plans Friday. Gutierrez said the corporation is in full support of a new federal homeowners loan program, which helps pay mortgages for struggling homeowners. Alisa […]

Veterans may receive refunds from Wells Fargo loans

Nearly 60,000 service members and veterans who refinanced their Veterans Affairs Department mortgage loans through Wells Fargo, Wachovia and SouthTrust will receive refunds as the result of a $10 million settlement in a class-action lawsuit, a Wells Fargo official said. Wells Fargo spokeswoman Vickee Adams said there was no way of knowing how many veterans […]

Home weatherization programs available

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Freedom New Mexico: Argen Duncan Greg Fisher of Portales points to weather stripping workers from Star Efficiency contracting company of Roswell added to a door as part of an Xcel Energy program. New Mexico Xcel customers who have refrigerated air conditioning have access to a program that weatherizes their homes for energy efficiency. Argen Duncan […]

Bingaman: Two New Mexico organizations awarded federal funds

U.S. Senator Jeff Bingaman today announced that two New Mexico organizations will benefit from funding being awarded through the U.S. Department of Housing and Urban Development (HUD). The New Mexico Mortgage Finance Authority will receive $50,000 through HUD’s HOME Technical Assistance program, which helps communities implement housing strategies that lead to more affordable housing in […]

Help available for those affected by mortgage crisis

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By Sharna Johnson: CNJ staff writer Officials say Clovis isn’t feeling the mortgage crunch that’s squeezing other areas of the country. However, for those with homes that are in jeopardy, help is available. Hope Now is a free homeowner counseling service designed to help people look at their options, according to Housing and Urban Development […]

Business Digest: PrimeSource Mortgage branch back in Clovis

By Sarah Meyer: CNJ staff writer Rebecca Reid-Carlyle is the owner and operator of the new PrimeSource Mortgage branch office in Clovis, according to a news release. PrimeSource was in Clovis for nearly 10 years, before closing for some time, and now Carlyle will be bringing the customer service concept of PrimeSource Mortgage’s “We Walk […]

Religion Digest: Church holding annual sale

By Dianna Hernandez: CNJ administrative assistant The Trinity United Methodist Church’s Womens Group will be holding its annual Fall Bake, Craft and Rummage Sale from 10 a.m. to 3 p.m., Saturday. The sale will be held in the multi-purpose room of the church, which is located at 1320 W. 21st St. Proceeds of the sale […]

Property owners feeling pressure

By Kevin Wilson: CNJ staff writer Robert Garcia loves the home he and his wife share in Clovis, a three-bedroom, two-bath brick house he considers average. The Garcias are planning to move for a possible promotion with Robert’s computer job, and he’s shared a problem with average Americans in trying to sell his house. A […]

Federal agency helps disabled purchase homes

Ralph Gallagher’s lifetime dream was to own a home, said Tammy Lewis, executive director of Alliance Behavioral Health Services, a private, for-profit agency that helps the developmentally disabled. A long-time client of mental health service providers, Gallagher never earned enough money to pay a mortgage, she noted. This is where Clovis Secton 8 Homeownership Program […]