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First Fannie Mae and Freddie Mac were seized by the US Government. Then Fannie Mae reports $29 Billion in third quarter losses. Now Freddie Mac is tapping into some of the $200 Billion set aside to keep these companies liquid because they reported a...
Every once in a while I run across an article or post that is so blatantly misguided that I have to make sure nobody else does the same thing. Below is once such effort by a LinkedIn user who used the LinkedIn Answers function of that social network...
With the turmoil that has been tearing through the capital markets and the impending merger between Bank of America and Merrill Lynch, the one resource a good real estate agent should have for their clients is a stable lender to turn to.
If you are a real estate professional that deals with sellers who are trying to sell their home short than one of the most asked questions you probably get is regarding the tax implications of the short sale. Up until now I haven't had a very good...
A story that has been getting alot of media attention lately is the impact on homeowners of owing more on there homes than the home is worth. Usually referred to as being "underwater", this financial situation is becoming a serious problem...