Fed: Buy more loans! - 12/25/09 07:07 AM
Simply, the Fed should consider purchasing more mortgage backed securities.The effect can only help the economy and not effect inflation.Here's the quick down and dirty by going backwards:Fed buys Fannie Mae paperFannie Mae buys loans from XYZ LenderLender buys loan from BrokerFunds given by buyer to sellerSeller pays off existing mortgage and walks away with very little money from sale.So, seller is released from debt they could not pay, jobs are being created by the broker, lender and Fannie Mae employees getting paid.New buyer gets an affordable payment on a home that now pays for paint, furniture, etc.How about a refi … (3 comments)

The Great Faith Estimate- a way around the new GFE! - 12/22/09 01:00 PM
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If You Loved HVCC, You'll Go Nuts for the New GFE - 12/21/09 04:09 PM
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Tax Credit, 3-4 Bedrooms, Priced Right! - 12/07/09 04:01 PM
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Sweet Studio in Rittenhouse Square! - 12/07/09 03:59 PM
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Fred Glick RE & Mtg Broker, fredglick.com

Fred Glick

Philadelphia, PA

More about me…

U S Spaces, Inc. & U S Loans Mortgage, Inc.

Address: 2043 Locust St, Philadelphia, PA, 19103

Office Phone: (215) 829-8850 x 201

Cell Phone: (215) 238-9400

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Fred Glick is a nationally recognized, award winning, mortgage and real estate professional, REALTOR® and UpFront Mortgage Broker® with many years of experience. He has closed over $1B of transactions over his career. Fred is the Principal of U S Spaces, Inc and U S Loans Mortgage LLC, Partner at Rentscoper.com and Cloudquarters, Inc, a product development company. Fred is also a Director of the National Association of Independent Housing Professionals and a Vice President of the UpFront Mortgage Brokers along with being it's Chief Legislative Liaison. Fred has been featured for his real estate and mortgage expertise on CNBC, The New York Times, The Wall Street Journal, NPR's Marketplace, CBS News, ThinkGlink.com, Philadelphia Inquirer and other publications. Please see fredglick.com for media replays, licensing information and social network connections. After a couple of cups of coffee, Fred writes smart, fun prose about real estate, mortgage and/or politics at his blog, twitter and Facebook page. He is also an avid ice hockey player and city bike rider. Additionally, Fred is an active Board Member at the non-profits, Hidden City Philadelphia and Culture Works Philadelphia.


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