Beginning Nov. 1, the GSEs, Freddie Mac and Fannie Mae, will implement new short sale guidelines, designed to make the approval process easier for eligible borrowers. This is part of the Servicing Alignment Initiative that results in a decrease in documentation requirements. There are a number of additional changes included, all designed to ease the […]
Taxpayers are getting a little breather as Fannie Mae turned a profit at $3.1 billion, passing the $2.8 billion required Treasury payment. This is the first time since going into conservatorship in 2008 that the GSE hasn’t required a draw. Fannie’s CFO, Susan McFarland, is anticipating continued strong performance results. "Our credit performance is headed […]
Good Morning, Jeff Watson did it again. Last night's webinar was historic. The updates on the election results and the impact on the lobbying efforts of the Investors Coalition he and John Grant shared were huge. It's proof that the fight to get our voices as real estate investors heard is definitely paying off. We […]
Josh here with a super important reminder. You don’t have much time left to join this very important Webinar that Jeff Watson is hosting TONIGHT at 8pm Eastern. Jeff is going to share the latest information and analysis on the recent 2010 election AND present a briefing on the latest lobbying efforts of the Investors […]
Good Morning, Back in July, a calculation was made as to how to frame the issues that concern real estate investors today. We framed the industry as a free market solution to the housing crisis, an industry that can protect taxpayers from Fannie and Freddie, and an industry that was ready to establish a permanent […]
Good Morning, A couple of months ago we shared some very important information with you about GSE Reform and the potential impact on all real estate investors. Jeff Watson let you know that he is working with a lobbyist to get our voice heard in Washington D.C. Well, our efforts are paying off and now […]
CEO Charles E. Haldeman Jr. said that foreclosure is the least attractive option from a secondary markets perspective and considers forbearance a viable option to keeping seriously delinquent borrowers in their homes. A full transcript of that conversation is in the October issue of HousingWire magazine. Haldeman said that forbearance, as an option in loss […]
Through their new HomePath program, troubled GSE giant Fannie Mae is offering their foreclosed homes for sale with as little as 3% down. What’s more, that 3% can be a gift from a family member of third party, or a loan from a non-profit, state or local government. Doesn’t this remind you of the “deals” […]
Good Morning, I’m looking forward to a nice Sunday relaxing with my family, and maybe catching a football game, too! I wanted to make sure you knew about tonight’s special replay of Jeff Watson’s historic GSE reform update webinar. It starts at 8:30pm Eastern, 5:30 Pacific. Click here to register. Thursday’s webinar was full to […]
Last night was HISTORIC. More than 700 people last night logged on to hear mission critical GSE reform updates from Jeff Watson and John Grant. If you weren’t on the webinar, you missed out on important industry updates that direct impact you as a real estate investor (and as a homeowner). Because of the importance […]
Freddie Mac and Fannie Mae reform is inevitable. Together they have amassed trillions of dollars of assets, and billions of dollars of liability. The question is what is going to happen, and who is going to get what? How we buy and sell real estate in America will change forever. This just doesn’t impact real […]
Good morning, Before I get my day going, I wanted to take a minute and wish you a Happy Labor Day. For me, this weekend is all about family and friends - perfect in my book. Saturday morning I went out to breakfast with my family to celebrate my wife's birthday and we had a […]
The world of short sales is changing yet again. It is occurring in a behind-the-scenes way that most investors won't realize until months from now, and by then it is too late. That’s why it’s imperative that you plan on attending Jeff Watson’s foreclosure investor update Webinar on Thursday Aug. 12 at 7:00pm EDT. Register […]
There has been so much going on in the world of real estate investing and government regulations that Jeff Watson felt compelled to host a Webinar on Thursday Aug. 12 at 7:00pm EDT. You know Watson’s Webinars fill up fast, so register to reserve your spot now. Jeff will cover four main topics in this […]
