Home price index reports home prices down nationally by the largest margin since 28008, partially due to increased number of foreclosures.
Friday, May 27th, 2011 by
By Ron Ford
Jumbo loans, or mortgages for very high amounts, are becoming rarer as mortgage credit is tightening due to Freddie and Fannie requirements.
Friday, April 22nd, 2011 by
By Peter Stone
The 30-year fixed-rate mortgage, which only exists because of mortgage insurers Fannie and Freddie, is likely to disappear along with them.
Thursday, March 10th, 2011 by
By Thomas Hart
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Mortgage applications have risen recently, though the spike was due to low interest rates spurring interest in mortgage modifications.
Wednesday, March 9th, 2011 by
By Peter Stone
Troubled mortgage houses Fannie Mae and Freddie Mac are starting to turn around. They're still losing money, but they are losing a lot less.
Wednesday, March 2nd, 2011 by
By Peter Stone
The Treasury Department will make some proposals soon about what to do with Fannie Mae and Freddie Mac, including letting them go under.
Wednesday, February 9th, 2011 by
By Peter Stone
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Fannie Mae and Freddie Mac are raising risk fees for mortgage loan lenders, making it that much harder for Americans to purchase homes.
Wednesday, February 2nd, 2011 by
By Peter Stone
Bank of America has recently put aside some serious cash to compensate Freddie and Fannie for bad guaranteed loans B of A is responsible for.
Monday, January 3rd, 2011 by
By Peter Stone
The regulator for Fannie and Freddie won't let the agencies participate in principal reduction to stem a rising tide of underwater mortgages.
Friday, December 17th, 2010 by
By Thomas Hart
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
Typically, mortgage loan lenders halt all foreclosure activity throughout late December until after New Year's. This year is no exception.
Saturday, December 11th, 2010 by
By Peter Stone
Mortgage rates have risen for three straight weeks in parallel with private sector job creation, existing home sales and consumer confidence.
Friday, December 3rd, 2010 by
By Thomas Hart
Freddie and Fannie were sold bad mortgage assets, and those bad bank loans are supposed to be bought back. Not many are being repurchased.
Wednesday, September 15th, 2010 by
By Peter Stone
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Treasury Secretary Tim Geithner announced in a recent press conference that some changes, though unclear, are coming for Fannie and Freddie.
Tuesday, August 17th, 2010 by
By Peter Stone
More homeowners are purchasing a second home -- but they're doing it to secure lower payments before they skip out on their first mortgages.
Tuesday, August 10th, 2010 by
By Mary Rice
It is surprising who needs guaranteed loans at one point or another. Ford Motor Company got guaranteed loans to help it through the recession.
Monday, August 9th, 2010 by
By Peter Stone
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Months of debate ended when the financial reform bill became law with a stroke of the president's pen at a signing ceremony Wednesday.
Wednesday, July 21st, 2010 by
By Thomas Hart
The federal agency in charge of Fannie Mae and Freddie Mac has issued 64 subpoenas to try to recover money from bad securities investments.
Monday, July 12th, 2010 by
By Mary Rice
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