fannie mae: The Unintended Consequenses of Change - 05/29/09 06:59 PM
For years now we have heard all about the changes in our real estate industry from Lending issues, inspections, forms and disclosures, the marketing of properties, lead generation, you name it it has changed.In a comment to Lenn Harley, I suggested a new definition of this change. Change is when something … (18 comments)

fannie mae: Who Stands to Benefit from a Short Sale Vrs Foreclosure ? - 03/13/09 06:23 PM
We have seen the devastation reaped on homeowners and our communities especially the San Diego Homeowner from foreclosures in record breaking numbers. But what about the Short Sale, is it actually more beneficial than a foreclosure? Yes, and there are more entities than just the homeowner that benefit from the short … (27 comments)

fannie mae: Foreclosures to take a Holiday Break.........no kidding! - 11/29/08 08:07 PM
From now until January 9th, Fannie Mae and Freddie Mac announced that they are suspending foreclosures, pending the full implementation of a streamlined loan modification program. Loan mods as they are known, is the process by which a homeowner can "workout" a mortgage that better suites their income and ability to … (32 comments)

fannie mae: Money for San Diego Mortgages is Available - 11/03/08 11:21 AM
Kenneth Harney a syndicated columnist for the Washington Post wrote an article that appeared recently in our Union Tribune and condensed all the known information about mortgage money and loan availability for todays Buyers of residential real estate.
The essence of the article was about the lack of shortage of money and … (5 comments)

fannie mae: Do You Understand Why Fannie and Freddie are so Important to You? - 09/12/08 06:56 PM
From the Voice of San Diego Real Estate We all know that Fannie and Freddie are now in conservatorship of the US Government and that there is new leadership at the helm in both of the GSE's (Government Sponsored Enterprises because they were chartered by Congress to create a more stable … (28 comments)

fannie mae: Congress Encourages Increase In Fannie and Freddie Portfolio Loans - 10/20/07 11:36 PM
With a tidal wave of expected foreclosures looming in the horizon, there is a move by Congress to expand the government-sponsored finance corporations.Increasing the portfolio size over the current $700 billion limit for each Fannie Mae and Freddie Mac is opposed by the current administration. The additional risk could end up … (2 comments)

fannie mae: The Federal Governmant Is Only Timidly Stepping Into The Lending Crisis. - 09/05/07 01:44 PM
Several steps were announced that help may be on the way for homeowners with adjustable mortgages that are resetting to higher monthly payments. 
A plan was proposed to help borrowers to refinance their loans using resources from the Federal Housing Administration.  The FHA is depression era agency that was created to help … (2 comments)

fannie mae: Aunt Fannie and Uncle Freddie are coming to the Rescue ..... Yee Haa ! - 07/29/07 08:47 AM
Aunt Fannie  Mae and Uncle Freddie  Mac are coming to the rescue of the sub-prime lending fiasco. The sub-prime lending market saw a huge escalation in its business and market share  that coincided with the housing boom of the last 5 or 6 years.
With So many Adjustable Rate loans generated, the proverbial … (76 comments)

 
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San Diego Real Estate Voice authored by William Johnson

San Diego, CA

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RE/MAX Associates

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