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We are here to help the individual real estate investor locate and build a solid portfolio of real estate investments.Barney Frank, the Democratic Representative from Massachusetts and Chairman of the House Financial Services Committee, has called for the abolishment of Freddie Mac and Fannie Mae.
Frank, you should remember, is the Congressman who said that the companies were in great shape just
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admin Real Estate Investment Mortgage
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Here we are providing information and resources on real estate investing.A study from the Federal Reserve Bank of New York has shown that mortgage modifications that reduce the principal of a home loan are much more successful than those which just lower the payments.
This really does make sense for how the homeowners see the long term viability of remaining
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admin Real Estate Investment Mortgage
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Here is the place to find everything you want to know about real estate investing.Edward Pinto, a former chief credit officer at Fannie Mae and mortgage industry consultant, has written an excellent editorial in the Wall Street Journal.
Please go and read this analysis on how the governmental loan modification programs can start to work.
What I want to share with
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admin Real Estate Investment Mortgage, Mortgage Fraud
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We are here to help you learn how to invest in real estate investment properties and make money in real estate.The consolidation of power from the private sector to the government has created confusion for the marketplace and is hurting the housing industry.
How is it hurting, you ask? Simple, no one knows what the hell is going on.
And if you think this is just my opinion, think again. This
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admin Real Estate Investment Mortgage
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Here is the place to find everything you want to know about real estate investing.I knew this would happen. Bad economics combined with suck up politics. The Senate is close to agreeing on an extension of the Homebuyers Tax Credit. But as the late Billy Mays says, WAIT, THERE’S MORE!!! How about a credit for every homebuyer whose name is not Rockefeller.
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admin Real Estate Investment Mortgage
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We are here to help you learn how to invest in real estate investment properties and make money in real estate.If you have ever tried working with a mortgage servicer to have a modification made on your loan, odds are you have experienced one of Dante’s levels of hell. The combination of terrible service, overwhelmed employees, and an ever changing federal mandate has made mortgage servicers
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admin Real Estate Investment Mortgage
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We are here to help you learn how to invest in real estate investment properties and make money in real estate.The Mortgage Bankers Association has proposed the replacement of Freddie Mac and Fannie Mae with a new organization that would provide a government guarantee.As being not a fan of intrusive government, the idea to me stinks to high heaven. Sure it will reassure those buying the mortgage
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admin Real Estate Investment Mortgage
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Here is the place to find everything you want to know about real estate investing.Ah, the power of the government yoke. With 2 quick moves only condo developers with the right connections will be selling well to low and median income buyers. First, Fannie Mae and Freddie Mac made qualifying for a mortgage much more difficult. You will need to have a mortgage that
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admin Real Estate Investment Condos, HUD, Mortgage
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We are here to help you learn how to invest in real estate investment properties and make money in real estate.In an interesting move, foreclosures have been blocked from occurring in the whole state of South Carolina for loans from certain companies. The State Supreme Court has ruled that until the 75 billion dollar federal housing bill has been enacted homeowners should not be evicted and
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admin Real Estate Investment Foreclosure, Mortgage
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Here we are providing information and resources on real estate investing.The Federal Reserve has finally issued a plan that is not just targeted at saving the banks but pushing the support down to the homeowners affected by the foreclosure crisis. Under the plan, 9.9 billion will be issued to 6 banks for loan modifications. The banks will then use this
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admin Real Estate Investment Foreclosure, Mortgage