The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to […]
Fannie Mae and Freddie Mac to Raise Mortgage Costs
August 16th, 2008 · No Comments
Tags: Mortgage Notes · Mortgage Refinancing
Fannie Mae, Freddie Mac raising fees for mortgage borrowers
August 16th, 2008 · No Comments
The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing “adverse conditions” in the real estate marketplace.
At the same time, however, Fannie Mae and Freddie Mac — which currently fund more than three-quarters of all new home loans — also plan to […]
Tags: Mortgage Notes
Subprime crisis slows down, Prime crisis picks up steam
August 4th, 2008 · No Comments
The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building.
Homeowners with good credit are falling behind on their payments in growing numbers, even as the problems with mortgages made to people with weak, or subprime, credit are showing their first, tentative […]
Tags: Foreclosure Statistics · Mortgage Notes