Tag Archive | "freddie-mac"
Fannie-Freddie Blowback: Seething Townhall Voter Wants Scalps - McCain Hands Over Frank and Dodd
Rush Limbaugh played a clip from this rally 3 times on his show today. A real estate agent demands that McCain, if elected, investigate and prosecute those directly responsible for the mortgage mess. McCain gives a couple of scalps. Here is a link to the killer audio from the rally in Waukesha. Go to [...]
Continue reading...How to Handle the Mortgage Mess? Do the Right Thing.
Thursday, October 9, 2008
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...Long-Term Mortgage Rates Barely Move this Week
Friday, October 3, 2008
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.10 percent with an average 0.6 point for the week ending October 2, 2008, up from last week … Read the rest of the post here: Long-Term Mortgage Rates Barely Move [...]
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...What Got Us Into the Mortgage Crisis
Monday, September 22, 2008
Posted in Government Engineered Mortgage Crisis Tagged: AIG, banks, Bear Stearns, Community Reinvestment Act of 1977, Fannie Mae, Freddie Mac, Government Engineered Mortgage Crisis, mortgages . More here: What Got Us Into the Mortgage Crisis Share and Enjoy:
Continue reading...East Bay Real Estate: Critical Financial Times! Paralysis Is Not An Option!
Sunday, September 21, 2008
In the midst of the biggest financial meltdown since the 1930s Jim Walberg is still focused on making lemonade out of lemons. You remember my article about “Do not be fearful”? Well, this is the most important time to keep a focus on this mantra given the economic meltdown that accelerated in our country [...]
Continue reading...Latest Mortgage Rate Drop Expected to Spur Refi Activity
Wednesday, September 17, 2008
The noticeable drop in long-term mortgage rates that was triggered by the US Government’s takeover of Fannie Mae and Freddie Mac last week is expected to trigger an upswing in refinance activity. But recent data show that refi mortgage … Credit: Latest Mortgage Rate Drop Expected to Spur Refi Activity Share [...]
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...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 [...]
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Thursday, October 9, 2008
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