Real estate blog entries tagged with fanniemae

Blog entries tagged with "fanniemae":

fanniemae: Fannie, Freddie, the Feds Oh My!!! - 07/12/08 09:45 AM

$1.6 Trillion in Losses and Counting
One of the great privileges I have is getting to read a wide variety of economic research. While I get a lot of material direct from the source, I also have a wide network of people who read other sources and send me what they … (4 comments)

fanniemae: Who is Fannie and Is She Related to Freddie? - 06/23/08 11:58 AM

Both nationally and here in Utah, the real estate market is changing and so is the mortgage market. Over the last year or so the number of Utah foreclosures have been increasing and there is always a headline about the mortgage crunch. As Utah real estate consumers, residents, and homeowners, we … (0 comments)

fanniemae: FannieMae - 04/07/08 05:18 PM

April 2, 2008 is a day we all will remember. It was the day Fannie-Mae announced there new underwriting guidelines. While the FHA/VA Loan limits may have increased. Other areas are seeing some major adjustments. Such as the Declining Market Adjustments to LTV's, the proposed new appraisals agreement with the Attorney … (3 comments)

fanniemae: FannieMae Homesaver Advance Progam to help out delinquent borrowers - 03/09/08 02:21 PM

Another great loan program just announced in March 2008 by Fannie Mae to help our borrowers who are delinquent on their current mortgage.
Outline of the product
The Homesaver Advance program provides funds to pay past due balances of principal, interest, taxes, insurance (PITI), and up to six … (2 comments)

fanniemae: The GSE finally approves to raise conforming loan limits by the end of this week. - 02/27/08 11:42 AM

This morning, the Director of the Federal Government Sponsored Enterprise, Jame B. Lockhard, finally agreed to allow FannieMae and FreddieMac to set the Conforming Loan Limits higher than the current $417,000. Unfortunately, it's taken 18 months of huges sacrafices for the real estate and mortgage industry to get to the brink of … (1 comments)

fanniemae: UNDERSTANDING THE COMPLEXITY OF THE REAL ESTATE MARKET AND THE ECONOMY. - 02/18/08 08:22 PM

How fragile is the real estate market in comparison to the rest of the world of economics, and what does it take to get us back on track to stabilility and eventually growth?
To answer that, we must understand how all the componets work.
The Federal Reserve System and the Secondary Market (FannieMae and FreddieMac) … (0 comments)

fanniemae: Open Letter Regarding Stimulus Package and the effects - 01/22/08 09:45 PM

The Honorable George W. Bush President of the United States
Dear Mr. President,
It's with respect for the office of the presidency, I write this letter. I believe, as well as many others who are in the same opinion, that the stimulus package you propose who a couple of days ago would put the nation … (5 comments)

fanniemae: Lost Another Client - 12/23/07 02:52 PM

I did an appraisal recently on a new build in a new subdivision. The buyers (one R/E Agent and one L.O.) that I have received business from (sporaticly) over the past 2 years, had the LO's company order an appraisal on the house they were buying. Rush order, needed to close … (37 comments)

fanniemae: YOU SHOULD BE A HOMEOWNER! - 06/11/07 06:24 PM

There are many reasons to become a homeowner. The financial benefits alone are worth it! The tax breaks for homeowners are great. That in itself is enough. As of 2007, you can deduct PMI(private mortgage insurance) on your taxes. What an awesome deal. When you rent, you might as well just go out … (4 comments)