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Showing posts with label Freddie Mac. Show all posts
Showing posts with label Freddie Mac. Show all posts
Monday, July 14, 2014

FHA program falls short on "short refis"

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FHA program falls short on "short refis" We have written in the past about the Federal government's attempts to help homeown...
Wednesday, January 8, 2014

Mortgage loan requirements getting tighter

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From Realty Times, The number of homes purchased with a home loan has been dropping steadily since May, according to RealtyTrac. Instead, ...
Monday, January 6, 2014

Paying for Foreclosure Delays

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As the New York Times reports, everything comes with a price.  That includes new mortgage loans.  The price is higher fees because of the hi...
Tuesday, November 12, 2013

JPMorgan paying $5.1 billion to Fannie, Freddie over mortgages - Oct. 25, 2013

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OK, I'm not too sure I understand, but it goes like this- bank buys failing lender to protect country against fallout from the 2008 imp...
Wednesday, September 11, 2013

Fannie Mae and Freddie Mac, about to close down shop?

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CNBC covers the Fannie Mae/Freddie Mac story. On a Monday morning five years ago this week, thousands of employees at mortgage giants Fan...
Tuesday, September 10, 2013

Life Without Fannie Mae and Freddie Mac from the New York Times

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Where would prospective homeowners and borrowers be without Fannie Mae or Freddie Mac?  That question may become a reality if some have thei...
Monday, June 24, 2013

Mortgage loan modifications made easy? Federal agency says "yes."

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For your next commercial real estate transaction, house purchase, mortgage refinance, reverse mortgage, or home equity loan, contact us. We...
Saturday, March 3, 2012

Little known fee to raise interest rates

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Loan fees are about to rise, and you won't even know it.  The fee in question is a guarantee fee collected by Fannie Mae and Freddie Mac...
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Monday, June 27, 2011

Foreclosed? How long before the new mortgage?

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The New York Times writes about “The Post-Foreclosure Wait.” The good news is that, “mortgage troubles won’t necessarily shut you out of the...
Sunday, May 29, 2011

Looking to refi? Avoid these 5 blunders

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From Bankrate.com’s Michele Lerner, “5 refi blunders to avoid” “When interest rates are low, plenty of homeowners rush to refinance before...
Tuesday, March 15, 2011

F.H.A. promises underwater homeowners some oxygen

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The New York Times reports on underwater properties. As we’ve previously written, these underwater properties are not burdened by spring sto...
Monday, February 14, 2011

The next generation: Imagining Life without Fannie and Freddie

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From the New York Times’ Gretchen Morgenson. KUDOS to Treasury and the Department of Housing and Urban Development for some straight talk a...
Saturday, January 15, 2011

Guidelines for condos could slow market

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While it may seem simple to buy a condominium unit, government guidelines are actually making it harder to get mortgage financing reports th...
Tuesday, October 26, 2010

Foreclosure mess ignores one thing-the borrowers

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From the New York Times’ Gretchen Morgenson’s column , “LAWYERS representing delinquent homeowners have been shouting for years about docu...
Wednesday, September 22, 2010

How Underwater Mortgages Can Float the Economy

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We have previously written about the plight of homeowners whose homes are now worth less than the mortgage. Some have decided to walk away f...
Tuesday, August 10, 2010

Freddie Mac suffers six billion dollar quarterly loss

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Just when you thought it couldn't get worse at Freddie Mac here's news about its six billion dollar quarterly loss . As a result, F...
Sunday, August 8, 2010

Housing Policy's Third Rail

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In her column in Sunday’s New York Time, Housing Policy’s Third Rail , Gretchen Morgenson discusses a taboo, Fannie Mae and Freddie Mac. WHI...
Wednesday, June 24, 2009

FannieMae asked to take more risk? We're not kidding.

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The Wall Street Journal leads off today with: Back when the housing mania was taking off, Massachusetts Congressman Barney Frank famously sa...
Monday, February 23, 2009

Washington Report: Outlines of Stimulus Plan by Kenneth R. Harney

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Realty Times contributor Kenneth R. Harney outlines the stimulus plan as it affects lenders and borrowers. The 3 key points 1. 3 to 4 millio...
Thursday, January 8, 2009

Bush Cleared on FannieMae and FreddieMac Debacle?

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According to a piece by Karl Rove in the Wall Street Journal, "Mythmaking is in full swing as the Bush administration prepares to leave...