Tag Archives: Fannie Mae

A Case For Keeping Fannie And Freddie

The President came out two days ago in support of the conservative agenda to do away with Fannie Mae and Freddie Mac.  But there is something that I just don’t understand about the push by the President and Congressional conservatives, … Continue reading

Posted in Economics, Real Estate, Student Loans | Tagged , , , , , , | Leave a comment

Similarities Of 1954 vs. 2012, More Than Just A Giants’ World Series Sweep

It’s not hard to describe the feeling of waking up this morning to the reality that my Giants had just won the World Series by sweeping the Detroit Tigers; I’m elated.  Their enthusiasm, business-like approach and utter disregard of the … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , | 1 Comment

How To Get A Loan Mod Approved Part 4: Foreclosure and Mod Offers

Part 4: Foreclosure and mod offers. Your loan mod appears like you’re making some progress and you are actually starting to get a hopeful.  At the same time, you’ve got that gnawing feeling that the bank may not get you … Continue reading

Posted in Loan Modification, Real Estate | Tagged , , , , , , , , , , , , | Leave a comment

Is The Economy Getting Better? Ask And Listen

I talk to a lot of people.  It’s just the nature of being in real estate; people want to hear what is happening in the housing market and as a Realtor, I find new clients by sharing my information and … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Finally A Step In The Right Direction

As many of you may recall I sent an open letter to the President last month begging for a refinance relief plan for underwater, but current borrowers.  Yesterday the Federal Housing Finance Agency (FHFA) announced changes to the ineffectual HARP … Continue reading

Posted in Economics, Loan Modification | Tagged , , , , , , , , , , | Leave a comment

An Open Letter To President Obama and The CEO’s Of The Big 4 Banks

Dear Mr. President, Chairman Bernanke, Secretary Geithner, Brian Moynihan, Vikram Pundit, Jamie Dimon and John Stumpf, Want to start to fix the economy and help housing at the same time?  Refinance underwater and insufficient equity borrowers.  It’s really that simple.  … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Freddie, Fannie, Let My People Go!

My friend Paul and I are sitting on a park bench when Paul tells me his story… “I’m upside down on my mortgage”, he says, meaning his house is worth less than what he owes on his mortgage.  “My current … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , , , | Leave a comment

Another Projection

The Mortgage Bankers Association came out with their projections for 2011 and 2012 yesterday and their numbers were very interesting.  Years 2008-2010 were clearly difficult for the mortgage industry.  The financial meltdown left only one real buyer in the secondary … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , , | Leave a comment

Under Water Means Under Utilized

You have probably heard by now that the consumer has not been participating the way Wall Street or the government would like in the nation’s economic recovery.  Most average Americans remain belt tightened, worried about their jobs, fighting ever increasing … Continue reading

Posted in Economics, Real Estate | Tagged , , , , , , , | Leave a comment