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fannie mae: WANT GOVERNMENT (FANNIE AND FREDDIE) OUT OF THE HOUSING BUSINESS? Be careful what you wish for! - 01/04/11 07:27 AM
                                                  * * * * HARD CORE REAL ESTATE TALK * * * *
WANT GOVERNMENT (FANNIE AND FREDDIE) OUT OF THE HOUSING BUSINESS?  Be careful what you ask for.
The failure of the Government Sponsored Enterprises "GSE", were human failures, not necessarily failures of the mission of the GSEs.  Providing liquidity to real estate financing entities fuels the housing market and without Fannie Mae and Freddie Mac, the housing industry would experience a dramatic contraction.  Is that what you REALLY wish for???
THE COLLAPSE OF FANNIE MAE AND FREDDIE MAC - - -INSTITUTIONAL AND STRUCTURAL FAILURES OR HUMAN FAILURES??
There are members of … (50 comments)

fannie mae: SOMETIMES YOU JUST HAVE TO SCRATCH YOUR HEAD AND WONDER IF YOU'VE LOST YOUR MIND. - 09/21/09 11:53 AM
SOMETIMES YOU JUST HAVE TO SCRATCH YOUR HEAD AND WONDER IF YOU'VE LOST YOUR MIND. 
DU Version 7.1 September Update Implements DU Refi PlusTM LTVs to 125 PercentThis release enables refinancing of existing Fannie Mae loans to LTV ratios over 105 percent and up to 125 percent through DU Refi Plus per Announcement 09-26, Updates to Home Affordable Refinance. This release also includes updates for DU Refi Plus loan casefiles with LTVs greater than 105 percent; updates to 2009 Area Median Income (AMI) limits for each geographic area for (emphasis added) . . . . . MORE. . . .
                                         
… (14 comments)

fannie mae: FANNIE AND FREDDIE REDEFINING THE MEANING OF "SUBPRIME". - 12/10/07 03:44 PM
SO YOU THOUGHT YOUR HOME BUYER WAS A GOOD RISK?  THINK AGAIN. 
         * * * *    WARNING, HARD CORE REAL ESTATE TALK * * * *If your home buyer has a FICO Score of less than 680 and a down payment of less than 30%, the cost of mortgage money has increased significantly. 
Unlike the "subprime" loans of the past several years that have been processed by "subprime departments" of mortgage institutions or brokered to subprime specialists, these loans will be handled routinely.  While borrowers with FICO scores of 620 to 680 may not be considered subprime, their scores are … (63 comments)

 


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