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FHA 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...
10 commentsThe 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...
0 commentsMortgage Business
Time is the friend of the wonderful company, the enemy of the mediocre." -- Warren Buffett: Investor, businessperson, and philanthropist Where is everyone going? Mortgage Professionals are leaving the...
1 commentLoan rates
Who to contact to get loan ratesGetting loans is part of all of our lives. There are a thousand different things that people need money for and don't have all of it to buy something right away. Because of...
0 commentsWhat is a Mortgage?
In its basic and general form, a mortgage is simply a type of debt used to buy real estate. A familiar use of a mortgage, a residential mortgage, allows individuals to pay for their home over time instead...
0 commentsA Very Bright Spot Amidst The Mortgage Meltdown
We're in the worst financial crisis since The Great Depression. Home values continue to drop like a rock. Unemployment continues to rise. Business after business is closing down. U.S. auto makers are...
0 commentsMortgage Marketing
Real estate agents are becoming harder and harder to win over. Mortgage marketing services are becoming so widely offered in this day and age that providing a different service to the agents is key in winning...
0 commentsThe Mechanism of Bubble Recovery
There has been a lot of talk of blame for the current financial crisis and the bursting of the housing bubble. One of the mechanisms that contributed to the bubble was price speculation and greed: too many...
0 commentsMortgage Market Update
Yesterday, Mortgage Bonds had their worst day performance since last October. The main reason......Supply, Capacity, Quantity!! The Treasury has been printing money around the clock to pay for the massive...
0 commentsHow to Buy a Home with Bad Credit
With the economy in such a drastic slump, many who would be home owners are wondering how to buy a home with bad credit. Though the market is certainly a buyer’s market because of the economy, the...
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