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Government - Page 7 - Strategic Real Estate Coach

It Pays To Be A Freddie, Fannie Exec

Tag: Government

It Pays To Be A Freddie, Fannie Exec

Did you see the latest report on the salaries paid to the heads of Freddie Mac and Fannie Mae in 2009 and 2010? You're not going to believe this one. "The heads of bailed-out mortgage finance giants Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) were paid fat salaries without proper written procedures or analysis, according […]

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Are the Federal Foreclosure Programs Actually Making Things Worse?

Check out this article I came across on DSNews.com. Seems like these programs didn’t work out as planned, after all, and may be coming to an end very shortly: Four Federal Foreclosure Mitigation Programs on the Chopping Block “Rep. Spencer Bachus (R-Alabama), chairman of the House Financial Services Committee, announced this week that he has […]

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The worst housing collapse in U.S. history....

Hi Gang, This is for all your real estate buddies that think the housing market is coming back soon. Approximately 11 percent of all homes in the United States are currently standing empty. The rate of home ownership in the United States has dropped like a rock. At this point it has fallen all the […]

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Is it better to borrow a house or to borrow the money to buy a house?

Hi Everyone, I’m down here in Florida for the big event, and my head is swimming with excitement. I’m stoked to be here. But I wanted to take a brief minute out to share some deep thoughts.  Yes... the question in the headline relates to whether it’s better to buy or rent. You all know […]

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Will the Fat Lady Sing?

Hi Gang, I’m stoked for this week, and me and my crew are working overtime to make this week’s event the best yet.  That being said, before I hit the sack tonight I wanted to get this out...it makes for some pretty interesting reading. We all know that America’s mortgage market almost sank the world […]

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Bad news for real estate investors! Diversify or die in 2011!

So I’m sorry to be the bearer of bad news today but there’s some data I have in my hands that I must reveal to you. Read this carefully please. *Short Sale flips are tougher to do than ever. There simply aren’t enough people who can get bank loans to “cash you out” once you […]

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Freddie CEO: Mortgage forbearance is preferable to foreclosure

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 […]

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Fannie Mae Selling Foreclosed Homes with Subprime Terms

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” […]

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Last Night's Historic Update With Jeff Watson

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 […]

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Plan to Help Underwater Homeowners Launched

Will this program finally make a difference? The government is trying to jump-start its so-far weak attempts to tackle the foreclosure crisis by trying to help homeowners who owe more on their homes than they are worth. The Federal Housing Administration will allow lenders to give these borrowers refinanced loans if the lender agrees to […]

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