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79FHA and Fannie Mae Adapt To Distressed Mortgage Market
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae together with the Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac owns or guarantees almost $5.5 trillion...
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71The Naked News
As property values and the financial market plunge into a proverbial black hole, the French decide that is not enough and push the switch on the CERN Large Hadron Collider (to you and me a black hole making...
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69A Mayor and His Mortgage - A Tale of Financial Disaster
One of the perks of being the President or Vice President of the U.S. as well as governor of one of the 50 states is free housing. The home comes with the job. However, except for major cities, like New...
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62Economic Crisis or Financial Freedom? What Is Your Plan B.
Hello again! This is Greg from Arlington, VA, just across the river from the United States Congress, the White House, and the Treasury Department, all headquartered in Washington, DC. I am writing today...
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57Home Buyer's Recession Survival Guide - The Magic Of A Down Payment
The average price for a house in Jupiter Island, Florida is a jaw-dropping $5.6 million. Therefore if you wanted to pay a conventional down payment of 20% you would have to present the seller with a...
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54Understanding Fannie Mae, Freddie Mac, and the Housing Market
In order to understand the relations the two government sponsored enterprises had with the housing market, it may be best to start with a little review of the Federal National Mortgage Association (FNMA or...
2 comments45Be Afraid
Sep 18, 2008 | 5:03 PM If the economy looks wobbly, what about our presidential candidates? Don't they remind you of drunken sailors on a ship in a hurricane? John McCain is inveighing against a...
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