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25 Years Of Real Estate In One Chart
http://economicrisis.com/25-years-of-real-estate-in-one-chart/10290 25 Years Of Real Estate In One Chart There is good news. This is likely my shortest rant ever. Freddie Mac recently released the 2013 First Quarter Refinance Report. My attention was drawn to one...Home Foreclosures Pushed Bankruptcies in Central Valley
Home foreclosures and job losses pushed bankruptcy rates to their highest levels in Central Valley counties in California. Nearly 46,000 bankruptcies were filed in courts in Sacramento, Modesto and Fresno. " Home foreclosures helped drove bankruptcies in the Central Valley...Freddie Mac Chief David Kellermann Found Dead in his Premises
Official sources break the shocking news about the death of David Kellermann, Chief CFO of mortgage giant Freddie Mac in his Fairfax home. " Police sources have confirmed the news of the death of acting CFO, David...Freddie Asks $30.8 Billion More for Foreclosures
Freddie Mac has asked the U.S. Treasury for an additional funding of $30.8 billion to enable it to continue carrying out its mission of helping avert further foreclosures. In the fourth quarter of 2008, Freddie...Fannie Mae Strikes Deal with Neighborhood Assistance to Stem F...
As the tide of foreclosure continues to wreak havoc to the housing industry, mortgage giant Fannie Mae has decided to bury the hatchet and work with one of its most vocal critics — Neighborhood Assistance Corp of America. " The agreement reached by these two actually...U.S. Government Aid for Homeowners Facing Foreclosure
According to sources in Washington, the United States government has proposed a plan to help homeowners facing foreclosures. Federal officials announced the plan last Tuesday as giants in the mortgage market such as Freddie Mac and Fannie Mae launched a new approach to deal...Freddie Mac Reports Homeowners Late in Seeking Home Assistance
According to a report recently published by the Federal Home Loan Mortgage Corporation or Freddie Mac, very few distressed homeowners contact their lenders when having problems with their mortgage debt. The...Fannie Mae, Freddie Mac Sued by Michigan Counties
In what is a surprising development in the foreclosure crisis, two of the nation’s largest home loan guarantors - Fannie Mae and Freddie Mac – were sued by Michigan counties who allege that the two...California Appeals Court Rules in Favour of MERS having the Right
We all know that MERS was created by major mortgage lenders, but has generated muchcontroversy lately about the right to terminate."Homeowner Jose Gomes was represented by attorney Ehud Gerstein. The court ruled...Infinite Freedom Foundation Proposes Fannie Freddie Mergers
Infinite Freedom Foundation Proposes to Consolidate Fannie Mae and Freddie Mac and Wind Down Interest Bearing Housing DebtBy Alex S. GaborAre you better off today than you were two years ago? There is 18% more money floating around the planet in dollar terms alone than there...3 ways low mortgage rates can work for you
Just when it looked as if they couldn't fall any further, they did. Rates on 30-year fixed-rate mortgages (excluding jumbos) hit an average of 4.3% in September, the lowest level since 1953.
The 259 Million Dollar Bailout of Fannie Mae and Freddie Mac
It looks like a major fiasco involving two well established mortgage giants Freddie Mac and Fannie Mae may wind up costing the American people nearly 259 million dollars. That is twice what was thought to be the original cost. It has been discovered that the 135 million... You Do Not Need to be an Expert When Buying Foreclosure Houses
The Internet will give you an idea of the great possibilities of turning a profit from buying foreclosure houses, repairing them and reselling them to the market for a higher price. "As one of the bigger segments...Can The New Federal Lending Plan Stop Foreclosures?
In a new announcement that left the mortgage market dumbfounded, the Federal Reserve and the National Treasury announced that it will release another $800 billion in funds to new lending programs to get the credit market running once more and to force mortgage rates down in a...Debate on Government’s Foreclosure Plan Rages On
Washington is still unsettled as to how to handle the foreclosure crisis."Last November 11, the administration publicized the government’s $ 700 billion plan to refinance delinquent loans controlled by mortgage companies, Freddie Mac and Fannie Mae. The already passed...
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