Fannie Mae and Freddie Mac: New Directions

They’re such a part pf the housing industry landscape that everyone knows their nicknames better than the official titles they stand for: Fannie Mae and Freddie Mac. Combined owners of over half the mortgages in the US, the Federal National Mortgage Association and...

The Sequester: Implications for Investors?

March 1 has come and gone, bringing with it the dreaded “sequester” – that second round of mandatory budget cuts left hanging over the country after lawmakers backed down from the fiscal cliff at the New Year. With budget reductions aimed at defense and other...

Multiple Mortgages – a Loophole in Assistance Programs

After settling with the government over the massive foreclosure abuses of a few years ago, the nation’s largest lenders are taking credit for homeowner assistance programs that, they say, have boosted the housing recovery by helping thousands of struggling homeowners...
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