Posted on December 11, 2008 by Bart Swan
Are you a veteran of the military? Veterans with conventional home loans now have new options for refinancing to a Department of Veterans Affairs guaranteed home loan! These new options are available as a result of the Veterans’ Benefits Improvement Act of 2008, which President Bush signed into law Oct. 10.
“These changes will allow VA [...]
Filed under: Military, Mortgage | Leave a Comment »
Posted on December 10, 2008 by Bart Swan
I will be speaking at a class put on by the HOFE Institute on Thursday the 11th of December. The topic is foreclosures. The anticipated audience is not only people facing foreclosure , but also people that desire to invest in a foreclosed property.Foreclosure! Investor or Defendant? To find out more visit www.HOFEInstitute.org and click on “upcoming classes”…
Filed under: Mortgage | Tagged: Fannie Mae, Fed, Foreclosure defedant, foreclosure investor, Freddie Mac, Ginnie Mae, Mortgage-Back Securities | Leave a Comment »
Posted on December 10, 2008 by Bart Swan
$800,000,000,000! That’s so many zeros I had to look at the figure several times to be sure I got it right! What would you do with that much money? The government has decided to buy collateralized debt through TALF*. That’s car loans, student loans, mortgages, etc. So the Government is buying mortgage debt. What affect is [...]
Filed under: Mortgage | Tagged: Fannie Mae, Fed, Freddie Mac, Ginnie Mae, Mortgage-Back Securities | Leave a Comment »