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bank of america: Fannie Mae and Freddie Mac- profits go to shareholders and losses go to tax payers? - 02/22/11 04:40 PM
WHITE HOUSE PLANS TO WIND DOWN FANNIE AND FREDDIE
 


 
Congress will consider three suggestions.
A fundamental reform for the housing market. For two-and-a-half years, economists and housing industry analysts have wondered what would happen with Fannie Mae and Freddie Mac. On February 11, they got an answer: the Obama administration announced plans to shut down both of the troubled mortgage giants by 2018 or sooner.1
As he met with the press, Treasury Secretary Timothy Geithner cited the "very broad consensus" that the government should play "a much smaller role" in the housing market. Capitol Hill Republicans would … (2 comments)

bank of america: NW Loan Modification Center consults on Short Sales for Vancouver, Wa. Realty Pro - 02/02/10 09:52 PM
It was perfect timing for Joe Smith from KGW channel 8 to search out a short sale specialist in the Portland Metropolitan area as I had just scheduled a presentation to a group of a 100 Realtors at Realty Pro in Vancouvers West side office.
I strategially planned for Joe to meet me at thier office on the West side of town as I was ending my presentation so he could hear live from the trenches on the impact of the short sale debacle. There was plenty of issues that were brought up and Joe did a side interview with me … (3 comments)

bank of america: Update: Bank Of America and Loan Modifications - 09/16/09 07:57 PM
Loan Modification- Bank Of America and Countrywide What Can You Expect From Bank of America/Countrywide Home Loans ?
So I was looking for a funny logo to add to today’s post and I ran into a very interesting website-www.bankofamericasucks.com I am not going to say what I used for a google search but lets just say the search pretty much covered the 4 words in the website.  No need for a funny picture when that website pretty much clears up the facts.
So the question of the day has become “I have Bank of America Mortgage- what are the chances of … (2 comments)

bank of america: $15,000 tax credit and B of A could be next to implode? - 02/05/09 03:34 PM
Good times!
How about $15,000 to get you off the fence Mr. Buyer! Going once….going twice…. SOLD!
Senate voted to include a $15,000 homebuyer tax credit to the American Recovery and Reinvestment Act (a.k.a. the big Obama bailout).
Of course this needs to pass the House but Obama was pushing to get it on his desk by Feb. 17th.
Current bill-
          Primary Residence
          Not have to be paid back like the current $7500 incentive*
          *Own home for at least 2 years or would result in a payback.   
          $15,000 or 10% whichever is … (5 comments)

 
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Bill Black CMP CDPE MLO #49242

Vancouver, WA

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Directors Mortgage

Address: 2101 NE 129th Street #219, Vancouver, Wa, 98660

Office Phone: (360) 326-8891

Cell Phone: (360) 910-3290

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