Posts Tagged ‘fannie mae’

This is great news for most American who did 100% mortgages at the top of the real estate market and now they owe more than their house is worth. This will give all those people who qualify a chance to refinance into today’s low rates giving them a lower house payment.
If your loan is held [...]

I’m sure you have heard more than enough about the pending government bailout of Wall Street and all the bad mortgage debt that they own.  If you ask me, I say Wall Street needs to go down with the ship.  It was their greed and the games they played with a thing called derivatives that [...]