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Upside Down Mortgage Refinance 2009
There is a new program that is set to roll out that FNMA has put together to help Upside Mortgages with refinancing. This should help an even larger segment of Upside down homeowners but will not help...
How Mortgages Began
In order to understand mortgages, it is best to start with their history and where the idea of a mortgage actually came from. It all began as far back as the 12th Century, when creditors were protected by law...
2 commentsThe Skinny on Fannie Mae Guidelines
The Skinny on Fannie Mae GuidelinesBy Charlie Elliott, Jr., MAI, SRA Real Estate Appraiser and Cnnsultant CEO Elliott & Company Appraisers If you are like me, you had heard a lot about the Fannie...
0 commentsIndyMac Bancorp nearly out of capital, who's next?
IndyMac Bancorp announced today that it will be slashing 3,800 jobs and closing their forward mortgage business. On the company's corporate blog, they gave the reasons for this move. The Pasadena-based company...
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