What is a Short Sale?
What is a Short Sale? that has been a common question during this foreclosure crisis. Investors make a lot of money buying up foreclosed homes. Recently though, the trend is…
What is a Short Sale? that has been a common question during this foreclosure crisis. Investors make a lot of money buying up foreclosed homes. Recently though, the trend is…
How long will the housing/mortgage crisis last? Sheila Bair, chairman of the FDIC (Federal Deposit Insurance Corp.) expects the measures being taken to help the housing and credit industries will…
Contrary to the general conception, Fannie Mae is not a bank. Fannie Mae is a government sponsored enterprise (GSE) that purchases and guarantees (insures) mortgages. These mortgages must meet its…