Fannie Mae institutes new underwriting guidelines for home owners trying to borrower money, to pull a 2nd credit report before the close of the loan. Fannie Mae released a notice to the mortgage … [Read more...]
Bernanke Ceases Buying of Mortgage Backed Securities, Expect Higher Rates Soon
Today on a Video Blog by ThinkBigWorkSmall, it was reported that on March 31st the Fed will temporarily quit the buying of mortgage backed securities, which has been credited for keeping our housing … [Read more...]
Bernanke sees end value in bailout…Fannie Freddie moneys profit to come
In a CNN money article titled Bernanke: Fed will make profit on bailout, we read that the head of the Federal Reserve is feeling confident that the money spent in the Fannie and Freddie bailout has a … [Read more...]
Romo May Need to Buy a New Home Outside of Dallas Soon
NOT REALLY! I like Romo. It is unfortunate that he has done so well so soon. He has really been a little raw the whole time but he's been able to glisten with a couple signature throws that make … [Read more...]