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Home Tax Credit May Get Extension
New home buyers have until November 30, 2009 to take advantage of the new home tax credit offered by the government of $8,000. The New Home Buyers $8,000 tax credit my get a government extension. The...
7 commentsNew Conventional Loan Guidelines | HVCC | Fannie Mae | Freddie Mac
In May of this year the Home Valuation Code of Conduct (HVCC) became law. If and when you get a new conventional loan under Fannie Mae or Freddie Mac guidelines, the HVCC will come into play. What is HVCC?In...
6 commentsHow To Get A Loan Modification Approved
You must demonstrate a real financial need to qualify for a mortgage loan modification, and you will be required to provide documentation to support your request for a loan modification to get approved....
4 commentsEconomic crisis, solution!
Through logic I knew months ago that we were near an economic disaster because of massive foreclosures and following that the high gas prices, everyone I talked to, family, friends and even strangers said...
6 commentsMeet new public enemy number one !
We need to give the terrorist time outs and take away their TV privileges . That will show em !!! In the wake of Ted Kennedy dying I hope people are not taking their eye off the...
56 commentsThe government bailout of Fannie Mae and Freddie Mac explained.
The day that many predicted was coming has arrived, the Federal Government has decided to step in and take over the reigns of Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac are publicly traded...
2 commentsUnderstanding 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 commentsWhat is an FHA loan and is it right for you?
If you have been thinking of buying your own home, you will know that you need the proper financing. You will want to find a program that will offer you the best for what you can put into it. There aresuch...
0 commentsWe Will Bury You without Firing a Shot
Who knew 53 years ago when then Soviet Premier Nikita Khrushchev uttered these words, “We will bury you without firing a shot”, his prophetic proclamation would materialize amidst a cessation in apparent...
6 commentsLehman Brothers, Washington Mutual, the Bailout of Fannie Mae and Freddie Mac - Its Impact on You
It's a Huge Mistake to Take Lightly What is Happening in the United States Economy The potential failures of such companies as Lehman Brothers and Washington Mutual are in the financial headlines this week....
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