fannie mae: The President is proposing a reduction in the mortgage interest deduction
- 02/14/11 09:43 AM
While the title of the the article rhymes, the proposal is far from entertaining On page 1 of the Fiscal Year 2012 Budget of the U.S. Government you can begin to read The Budget Message of the President. In the preamble he discusses the recession and the fact that due to fiscal realities we face hard choices. On page 4 the President proposes a 30% cut in itemized deductions for high-income taxpayers to use to pay for a fix to the Alternative Minimum Tax. What this means is that the mortgage interest deduction is being targeted again in the … (0 comments)
fannie mae: Global Blast Of Liquidity: What Does It All Mean?
- 12/04/08 09:36 PM
Reprinted from The Political and Financial Markets Commentator at http://politicsandfinance.blogspot.com Friday, December 5, 2008 Global Blast Of Liquidity: What Does It All Mean? The Rate Cut Merry-Go-Round Just Keeps On SpinningIn a throwback to an earlier time, the Bank of England cut its key lending rate 100bp. to 2.0%, the lowest level since 1939. If they were to cut it to below 2.0%, it would be the first and only time since the Bank of England came into existence in 1694. In a similar move, the EU cut its key lending rate 75 bp. to 2.50%.These cuts are just more of … (4 comments)
fannie mae: It's A New Week: Pleasure Or Pain?
- 10/13/08 02:37 AM
It's A New Week: Pleasure Or Pain? We Got Through The Weekend... AlmostI am watching a little football, doing a little work around the house, and at the same time keeping my eye on the business wires to see if there are any new developments around the world that could impact the stock markets, but more importantly the credit markets and the willingness of the banks to lend to each other as well as to us, the rank and file citizens currently paying the price.I was not happy on Friday night listening to Chairman Paulson, or Saturday morning listening to President … (0 comments)
fannie mae: Fannie Mae: Plain Vanilla or Chocolate Sundae?
- 10/05/08 11:11 PM
Monday, October 6, 2008 Fannie Mae: Plain Vanilla or Chocolate Sundae? Market Update: Things are not looking great post Bill passage. I have a funny feeling in the pit of my stomach.VIX: Not yet open. Closed Friday at 45.14, and speculate we will see 50+ today.The Ted Spread: 3.89 this morning, up from Friday (higher is not better)Overseas stock markets are down fairly large, and S&P futures are down large."In A System Designed For Plain Vailla, Like Trying To Push A Chocolate Sundae Through Its' Gears" To see the rest of the story, please go to http://commercialmortgagehotline.blogspot.com . … (4 comments)
fannie mae: The Mortgage Crisis: Enough Blame To Go Around
- 09/30/08 11:37 PM
Read the entire story at The Commercial Mortgage, Real Estate and Political Hotline at http://commercialmortgagehotline.blogspot.com Wednesday, October 1, 2008 The Mortgage Crisis: Enough Blame To Go Around Is This Mess Solely A Creation Of The Current Administration, Or Is There Enough Blame To Spread Around?Some politicians and some pundits would like everyone to believe that the current mortgage mess was born, invented, encouraged, started, etc. when the Bush administration came into office. In a continuing effort to try and spread the blame to both parties and to both the current and previous administrations (bi-partisan blame which is choice number 2 in … (0 comments)
fannie mae: Here We Go Again: The Bell Is Tolling For Lehman and AIG
- 09/12/08 11:56 AM
The Commercial Mortgage/Real Estate Hotline (Including Commentary on Politics and the World) http://commercialmortgagehotline.blogspot.com We have created this blog to provide ongoing education and training, trends in the marketplace as well as commentary on the commercial mortgage,real estate markets and the world at large. Friday, September 12, 2008
Here We Go Again!!! The Bell Is Tolling For Lehman and AIG I hate to use this platform that is supposed to be used to discuss the commercial mortgage and real estate markets to discuss specific companies and the stock market, but as a former trader and avid stock market observer, … (2 comments)
Politics: Whose Country Is It Anyway? For anyone that watches ESPN's Jim Rome, this is my burn. I am going to talk politics here, but I am not going to give away my party preference. It is not necessary. This is a commentary against both Democrats and Republicans, and the way that the people's business is conducted.The reality, unfortunately highlighted by Freddie Mac and Fannie Mae, is that our business is always secondary to the business at hand. That business is the never ending cycle of re-election. … (1 comments)
Fnm and Fre Takeover: Happy days are here again? The need for the events of yesterday morning to re-open the mortgage markets for home purchases and refinance was discussed in this blog on August 27th.This morning an announcement was made by the Secretary Of The Treasury that Fannie Mae and Freddie Mac were being put into conservatorship because they are not capable of operating in a safe and productive manner on their own. The "takeover" of these agencies that have previously acted with an implicit government guarantee … (0 comments)
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The Hallmark Abstract Sentinel is written for the purpose of keeping our clients and subscribers current on any issues that may have the potential to impact the real estate, mortgage or title insurance markets.
Examples of these issues include the current foreclosure crisis and the potential that foreclosures already completed could be overturned due to a variety of legal issues.
While the title of the the article rhymes, the proposal is far from entertaining 
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