Fannie Asking for $8.4 Billion More
2005 Bankruptcy Bar Raised…Struggling Homeowners Can't File To Save Homes?
In 2005 U.S. Bankruptcy was reformed...Bankruptcy bar raised and the amount of debt that could be discharged was reduced. Filing Fees for the Bankruptcy were also increased. This study is very compelling, not something I'd really given much thought to regarding...
FHA Puts Onus On Lenders…Fraud or Mistakes In Underwriting Will Cost Them!
By NICK TIMIRAOS The Federal Housing Administration, the government agency that insures a bigger and bigger portion of home loans, plans to rely more heavily on lenders to police mortgage brokers. The changes will put more of the onus on lenders to make sure there is...
Government "Go Green" =Fannie, Freddie NO Green
By Nick Timiraos Fannie Mae and Freddie Mac are giving the cold shoulder to a White House-backed effort to encourage Americans to make their homes more energy efficient. The initiative, called Property Assessed Clean Energy, or PACE, aims to eliminate the high upfront...
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