Day: March 11, 2012
ACCELERATED INVESTOR: “9 Short Sale Exit Strategies” Webinar Training ON DEMAND!
www.surveymonkey.com/s/acceleratedinvestor
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3 Steps to Involve Private Investors, Squeeze Out Freddie, Fannie
Attention private real estate investors: The FHFA recently released a 3-step plan to lessen the role of Freddie Mac and Fannie Mae in the mortgage industry and shift it to private investors. Since 2008, when Freddie and Fannie were placed in conservatorship by the US Treasury, they have received more than $180 billion in taxpayer… Continue Reading
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Loans are Bank-Friendly, Not Borrower-Friendly
Even though there are signs of hope in the economic recovery, the housing market still has a long way to go. Of the 55 million mortgage holders in the US, industry experts predict that as many as 10 million will default by 2018. While there have been some attempts by the government to reduce the… Continue Reading
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Looser Credit Standards Brings Housing Hope?
According to the analytics firm, Capital Management, the housing crisis will actually end this year, thanks to looser credit standards and availability for borrowers. Borrowers are required to have a credit score of 700 or higher to obtain a mortgage loan. This is consistent with numbers from a year ago. In addition, banks are “lending… Continue Reading
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