Feb 11
The vast majority of the distressed housing opportunities are being made available from foreclosures and short sales. What was it that helped create this huge opportunity to buy houses far below what they are actually worth? The greed associated with the sale of mortgages led to loose credit and the new industry of sub-prime mortgages …
Feb 01
House Affordability Calculators-Determine Your Payments W:lending mortgage calculator ith a Mortgage Calculator If you think you have been ready to buy a new home it is importsome sort oCalculatorft to use a mortgage calculat onlyor to determine just how much house you csome sort of buy. You csome sort of have some sort of ideitha …
Jan 27
Rebecca Esquibel, 30, (C), Nathan Glidden, 29, (R) and their one-month-old daughter Aliyah attend a Bank of America mortgage modification outreach event in Los Angeles, California August 4, 2011. Credit: Reuters/Lucy Nicholson (Reuters) – With mortgage rates at historic lows and consumers’ power through social media at an all-time high, those looking to buy homes …
Jan 24
For the last three years, since the housing bubble burst, the Securities and Exchange Commission has been investigating the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac). Fannie and Freddie, after all, were the biggest players in the mortgage lending and securitization business, and there’s a lot of …
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