Debra Luke's (kyliecat) Blog

The new FNMA and FMAC fees aren't effective until March, however, some lenders are already beginning to institute the new charges. Make you wonder, who's pocketing the money between now and March?

At the same time the Fed is speculated to reduce rates from .25 to .5 a point, Fannie Mae and Freddie Mac conspire to tack appalling fees to their loans. No. These are not fees applicable only to sub-prime borrowers, these fees are directed at the prime borrower (credit scores of 620 and above.)A...

I see it time and time again. Self-employed individuals who make a game of writing off as much income as possible. (No. I'm not poking at Real Estate agents--in particular.)My hypothetical client owns an auto repair shop. He's a sole proprietor. The business actually has a lovely annual income, w...