Tag Archive | "fannie-mae"
How to Handle the Mortgage Mess? Do the Right Thing.
If this mortgage mess drives us into a recession, then it does. It’s our medicine and we have to take it. We caused it. We let Congress push their ill-advised social programs into the mortgage industry. We let them build Fannie Mae and … More here: How to Handle the [...]
Continue reading...Why the $830 Billion Financial Bailout Bill Will Never Work - A View from the REAL Main Street
Saturday, October 4, 2008
One can say that Realtors step into people’s lives, one story at a time. Many of my clients say I should write a book someday of the experiences I’ve had over the years - and maybe someday I will. One story that caught my eye this week was that of 90 year-old Addie Polk from [...]
Continue reading...THE MORTGAGE SCANDAL - HOW FEDS CREATED THE MORTGAGE MESS
Sunday, September 28, 2008
PERHAPS the greatest scandal of the mortgage crisis is that it is a direct result of an intentional loosening of underwriting standards - done in the name of ending discrimination, despite warnings that it could lead to wide-scale … Read more: THE MORTGAGE SCANDAL - HOW FEDS CREATED THE MORTGAGE MESS
Continue reading...Who Caused the Mortgage Mess?
Saturday, September 27, 2008
I got this in an email today. Discuss. It’sa very fast paced video that describes what caused the economic distress the country is in now. More: Who Caused the Mortgage Mess? Share and Enjoy:
Continue reading...VIDEO: Mortgage Meltdown Warnings Started in 2001
Saturday, September 27, 2008
Posted in Bailout, Bailout Negotiations, Bailout Opposition, Banking Crisis, Fannie Mae, Financial Crisis, Freddie Mac, John McCain, Mortgage Crisis, Tax Payer Rip Offs Tagged: Bailout, Bailout Opposition, Fannie Mae, Freddie Mac, … More: VIDEO: Mortgage Meltdown Warnings Started in 2001 Share and Enjoy:
Continue reading..."The One" is Number Two on the Mortgage Crisis
Tuesday, September 16, 2008
Great story on the mortgage crisis from Fox news and John Gibson. Obama is second in line as the the recipient of the most contributions from Fannie Mae and Freddie Mac. McCain has taken 20K in 20 years. Obama? … Continue here: "The One" is Number Two on the Mortgage Crisis Share and [...]
Continue reading...Fannie, Freddie $US200 BillionTakeover
Tuesday, September 16, 2008
The $US200 billion takeover of US mortgage giants, Fannie Mae and Freddie Mac won’t solve America’s financial or economic woes, but it might be a start in stabilising the mess. From US media reports that takeover was driven by a complete examination of both companies’ accounts that concluded Freddie Mac had been fudging its [...]
Continue reading...Changes in the mortgage market
Sunday, September 14, 2008
The mortgage market, particularly with the take over of Fannie Mae and Freddie Mac by the US government, continues to be in flux. If you own more than 4 properties or want to do a cash out refi: watch this mortgage market update. … Continue here: Changes in the mortgage [...]
Continue reading...The Fannie-Freddie Takeover and Mortgage Rates
Friday, September 12, 2008
Now is a good time for people to refinance out of an adjustable-rate mortgage into a fixed-rate loan. More: The Fannie-Freddie Takeover and Mortgage Rates
Continue reading...Mortgage Rates in the 5%’s?
Friday, September 12, 2008
Earlier this year rates dropped even … Read more: Read the original here: Mortgage Rates in the 5%’s? Share and Enjoy:
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Thursday, October 9, 2008
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