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Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use



Saint Paul, MN: According for Fannie Mae's, own web site, "Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity and stability to the U.S. housing and mortgage markets." Treasury Secretary Paulson recently spoke about how the takeover (se...
USDA Rural Development ZERO DOWN PAYMENT HOME Loans STILL Available We provide these loans in Minnesota and Wisconsin Rural Development, formerly known as the Farmers Home Administration (FmHA), administers a mortgage loan guaranty program - also called the Section 502 Program -- designed to pro...
BUSH ADMINISTRATION LAUNCHES "HOPE FOR HOMEOWNERS" PROGRAM TO HELP MORE STRUGGLING FAMILIES KEEP THEIR HOMES WASHINGTON - The Bush Administration today unveiled additional mortgage assistance for homeowners at risk of foreclosure. The HOPE for Homeowners program will refinance mortgages for borr...
  The Chinese have a proverb:  “May you live in interesting times.”  And we are living through interesting times indeed.    Whatever the political posturing regarding the current rescue plan, a plan needs to be passed. Credit markets are frozen and banks are going bust every day. This is not tot...

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