ARCHIVED BLOG POSTS
2008
Barring A Timely Reversal, We Are Likely Headed Towards Higher Interest Rates It appears that the magic number for the bond market is 4 when it comes to the yield on the U.S. 10-year Treasury note. And with current market conditions for the first time since January, that 10-year yield is above 4%...
05/29/2008
MORTGAGE REFORM BILL ONE STEP CLOSER: PLAN TO HELP AVOID FORECLOSURES & LIMIT TAX PAYER RISK MOVES FORWARD Congress has moved a step closer to expanding government efforts to help at-risk homeowners. The Senate Banking Committee voted 19-2 to pass a bill to limit foreclosures, create affordable h...
05/20/2008
102% Purchase Financing Geared toward helping homeowners in Anthem, Maricopa, Buckeye, Queen Creek, Waddell & other valley areas If your clients are interested in purchasing a house with NO MONEY DOWN they may be eligible for financing with a special program brought to you by Strategic Mortgage. ...
05/12/2008
FANNIE MAE TO INTRODUCE NEW PROGRAM: Homeowners will be able to refinance up to 120% of the value of their homes Another program to aid in the subprime mortgage crisis has been announced by Fannie Mae. As with most recent initiatives, whether designed by lenders, Congress, or the President, the ...
05/12/2008
FHA Housing and Homeowner Retention Act:House Committee Aproves FHA "Short Pay" LoansIn the House of Representatives a key committee has passed legislation that would make up to $300 billion in federally insured mortgages available to borrowers facing foreclosure.The bill, H.R. 5830, the Federal ...
05/02/2008
Rainmaker
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