deborahshane | February 14, 2011
The White House outlined last Friday its plans to begin shrinking their support of both of the government sponsored entities (GSEs) Fannie Mae and Freddie Mac. While the process could take several years, the effects will be felt in coming months. The government took over both GSEs in September of 2008 when the financial crisis [...]
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deborahshane | February 9, 2011
Nobody wants to have a problem with getting a home loan after the loan contingencies have been removed. Due to recent changes by Fannie Mae and Freddie Mac problems may now begin to happen. The two mortgage giants, who buy the majority of mortgages from lenders, have now required lenders to be more diligent reviewing inquiries that [...]
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