Charles “Ed” Haldeman Jr. Steps Down! Freddie Mac’s Chief Executive Officer, Charles “Ed” Haldeman Jr., will be stepping down from his position by the end of the year. This unforseen, and frankly shocking, turn of events has led to much speculation regarding why he is stepping down. While the specifics aren’t yet known, and Mr. […]
According to Wall Street Journal columnist Jack Hough, now is the time to get back into the real estate market! Below is a summarization of the articles key points and an application of them from a real estate stand point. Enjoy!
Reports indicate that the FHFA lacks the staff to adequately monitor mortgage giants Fannie Mae and Freddie Mac.
An open letter to investors regarding foreclosure versus short sale.
Does Fannie Mae and Freddie Mac have a future?
Not only are mortgage industry giants Freddie Mac and Fannie Mae household names, they own most of the households in the country. So why are they the least likely to help homeowners in need of a short sale?
The expiration date for temporarily higher loan limits ends early for Well Fargo.
If by midnight tonight an agreement is not made regarding the funding the federal government, many vital services will be shut down. No, this is not the apocalypse! but yes some sectors will feel the aftershocks of such action. Where JohnHart is most concerned is with FHA financing. In these hard times many people are […]
Fannie Mae is loosening its grip on its previous rules and allowing buyers to apply again in as little as two years.
• Sales fall 7.2% last month for existing home sales, still considered higher than a year ago o January: 5.05 million units sold (4.53 million units, January, 2009) o December: 5.44 million units sold • 11.2% decrease in newly built home sales • Deals that closed in January were contracts that were signed in November […]
