Archive for the 'Freddie Mac' Category

Investor Loans — December 1 Is Drop-Dead Day For Investor Financing

If you’re planning to finance any investment property with Fannie Mae-funded loans, be sure to get your transaction closed before December 1, 2008.  This is because Fannie Mae will debut a much higher fee structure for investor loans as of that date.
And these are seriously punitive to investors.  Take a look:

If your down payment is [...]

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The Economy Of The United States Is Stronger Than Congress’ Desire To Thwart It

(Poll of real estate investors near the bottom of this post…)
The economy of the United States is at its best when most free.  The government is at its best (economically) when it guarantees transparency and accuracy and is otherwise uninvolved.
Unfortunately, neither of these are the case at present.
The U.S. economy has been hamstrung by insanely [...]

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Blood In The Streets From The Bailout Plan - Will it Be Yours?

Don’t be tempted to think that this is a “political” issue.  This is about the real estate market, pure and simple.  If this bailout plan passes, the U.S. economy and the real estate market will likely be on incredibly shaky ground for years to come.
My friend, let’s put “labels” aside for a moment.  Let’s suspend [...]

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It’s Official: The U.S. Government Takes Control of Fannie & Freddie

Before noon on Sunday, September 7, 2008, Henry Paulson (Secretary of the United States Treasury) and James Lockhart (head of Federal Housing Finance Agency) announced that Fannie Mae and Freddie Mac have been taken over by the United States Government and will be placed in a “conservatorship”.  Additionally, the U.S. government is authorized to invest [...]

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Rumor Mill - Fannie And Freddie To Be Taken Over This Weekend

Persistent and reasonably well substantiated rumors suggest that the Federal Governmnet will fully take control of Fannie Mae and Freddie Mac, the two “Government-Sponsored Entities” that dominate the U.S. mortgage business.
This is a huge and historic development, profoundly negative though it is.
The ramifications of such a move are not yet known, though it seems quite [...]

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