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the mortgage lender: New Foreclosure bill pushes Freddie Mac to stop buying subprime loans in N.Y. - 08/13/08 12:28 PM
 I have often wondered if Fannie and Freddie actually have and act on their responsibilities to our nations being public chartered institutions.
Learning that as of Sept. 1st Freddie Mac will stop buying loans out of New York because of a new bill Governor David Paterson signed last week.
(The New Bill offers foreclosure and lending laws that tighten legal protections for borrowers. One of the profound additions for New York is, it allows the borrower an extra 90 days to pull themselves out of a nasty foreclosure. Freddie Mac appears to be unwilling to work with New York and the … (2 comments)

the mortgage lender: The blame scale...Who's fault is it really? - 09/13/07 01:01 PM
I am pasting this article from CNNMoney because I found it quite interesting.  It describes the blame factor towards the unfortunate downturn our housing market is experiencing. CNN’s breakdown of the pointed finger scale has the federal reserves in the #1 spot, followed by wall street and mortgage lenders in 2nd place, mortgage brokers in 3rd, the borrower in 4th and appraisers in last place.
(This is quite lengthy but full of good observations) CNNMoney's Report
 The borrowers     
Let's start at the very end of the credit chain and work up. That means we begin with the borrowers themselves … (2 comments)

 

MarQuis Rhodes

Boise, ID

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MarQuis Real Estate Group/Boise River Properties

Address: 501 Front , Boise, ID, 83702

Office Phone: (208) 384-0033

Cell Phone: (208) 559-0757

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