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chico home loans: The Fannie Mae/Freddie Mac Controversy - 07/17/08 07:56 AM
There has been a lot of talk the past week and a half on Wall Street and through the United States Government about "solvency" issues that Fannie Mae- the Federal National Mortgage Association- and Freddie Mac may be experiencing, the "what if's" were they to collapse without the Government "bailing them out" and the impact it would pose on the existing status of our economy and housing market.
But before we go into those topics....
Who are Fannie Mae and Freddie Mac?
According to the "About Us" page of Fannie Mae's website, "Fannie Mae was created in 1938, under President … (9 comments)
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chico home loans: The "Countrywide Controversy" - 08/29/07 08:10 AM
What a perfect time for an update..Right after I posted this blog, this message came in from Countrywide's President this morning. Read it here!
The Countrywide® Controversy
First and foremost, Countrywide is one of my favorite lenders in the mortgage industry to use. Countrywide has been innovative in their products, offering many families across the United States the opportunity of realizing "The American Dream" of home ownership.
Obviously, the Mortgage Industry is having problems. But, the #1 company in terms of loan production is now in question? According to Inside Mortgage Finance , Countrywide is the top originator thus far for the first half of … (11 comments)
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chico home loans: Oak Valley Mortgage Realtor Testimonial - 06/13/07 06:55 AM
Virgil Cole with Keller Williams in Chico, California gives a testimonial about his experience as a Realtor, working with Scott Gormley and Oak Valley Mortgage. I'm looking for great Realtors across the California that are looking for a straightforward, no hassle lender that keeps clear lines of communication open at all times. Feel free to give me a call and we'll work together to get your clients into their next home in a smooth and timely fashion!
Scott GormleyBroker/OwnerOak Valley Mortgage2006 Chico Assoc. of Realtors Affiliate ChairmanDirect: 530.592.8362Fax: 530.267.5555Website: http://www.CALoan.com
Blog: http://www.CARealEstateBlog.com
"You find the perfect home, we'll find the perfect loan!"
… (4 comments)
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chico home loans: Chico,California Happenings Each Season - 05/01/07 03:55 PM
Have you ever been to Chico, California?
It's a great place to visit and live! We get the change of seasons from cold winter days where you can get bundled up (not like back east though), to clean a Spring from the rain and sun with butterflys and wildflowers, leading into a hot summer where you can swim in the swimming pools followed by the multitude of colors on the tree leaves changing in fall. After living in Southern California for many years, the change of seasons certainly feels more natural and led to a change in lifestyle for me.
With the change … (5 comments)
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Scott Gormley
Chico,
CA
More about me…
Oak Valley Mortgage-California Home Loans and Refinancing
Cell Phone: (530) 592-8362
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