Recent News
Share Many housing proponents say the government’s move to dismantle Fannie Mae and Freddie Mac means the most popular home loan will be more expensive. But how much more is a matter of debate. Reporting from Washington Lew Sichelman with the LA Times— Will the move to dismantle Fannie Mae and Freddie Mac mean the… Read More
Share MARYANN HAGGERTY with NYtimes.com recently reported on why buying a Foreclosed home can be so difficult for those in need which in turn creates more inventory for investors to pick and choose from. FORECLOSED homes don’t show very well — financially strained borrowers may ignore maintenance; lenders turn off the water and power to… Read More
Share The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the April edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. Officials caution that the latest housing figures underscore fragility in the housing market and highlight the importance of… Read More
Share Freddie Mac Media Room reports good news for majority of home owners who have been able to conduct a refinance. A surprising 75% of these refinanced loans either maintained the same balance or used their own assets to pay down the balance during the refinance thus reducing their mortgage debt! Here are some facts… Read More
