There have long been stirrings of a potential Fannie Mae and Freddie Mac merger, or the outright dissolution of the under-fire companies ever since they… Read More »Beginning of the End for Fannie and Freddie?
In case you weren’t aware, Freddie Mac, along with sister Fannie Mae, acquired a ton of real estate as a result of the ongoing mortgage… Read More »HomeSteps Review: Freddie Mac Homes for Sale
Over the next few months, the FHA will make a number of substantial revisions to its annual mortgage insurance premium structure. This is in addition… Read More »Detailing the FHA’s New Annual Mortgage Insurance Premium Structure
While the good news about housing keeps flooding in, one piece of negative data jumped out at me today. The latest Zillow Negative Equity Report… Read More »Nearly 20% of Vegas Borrowers Owe More Than Double Their Home’s Worth
A pair of sweeping mortgage rules is expected to eliminate roughly 60% of today’s mortgages, according to a new analysis from CoreLogic. The so-called Qualified… Read More »New Mortgage Rules Eliminate 60% of Today’s Loans
Over the past several years, scores of homeowners have elected to ditch their unmanageable mortgages via short sales to avoid foreclosure. It’s estimated that roughly… Read More »Getting a Mortgage After a Short Sale: Tips, Tricks, and Waiting Periods
It’s time for another mortgage match-up, with the latest in the series pitting the lesser known “deed in lieu of foreclosure” vs. the more popular… Read More »Deed in Lieu of Foreclosure vs. Short Sale: Here’s Why They’re Different
There’s been a lot of buzz about the Home Affordable Refinance Program lately. While it has picked up steam in recent months, thanks to the… Read More »HARP May Be Expanded and Extended to Promote Mortgage Refinancing
Here’s an interesting little piece of mortgage news. According to an internal presentation obtained by Bloomberg, top mortgage lender Wells Fargo plans to incentivize loan… Read More »Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality
During the third quarter of 2012, another 100,000 or so homeowners “reached a state of positive equity,” per the latest report from analytics firm CoreLogic.… Read More »Higher Home Prices Push 1.3 Million Mortgage Holders Back Above Water
