In an ongoing effort to reduce the number of non-performing loans in the portfolios of Fannie Mae and Freddie Mac and transfer risk to the private sector, the GSEs' conservator, the Federal Housing Finance Agency, on Monday announced enhanced requirements for the sales of non-performing loans by the GSEs. The enhanced requirements announced Monday by the FHFA are based in part ...
Speaking at the National Council of State Housing Agencies Legislative Conference on Monday, the Department of U.S. Department of Treasury Counselor to the Secretary for Housing Finance Policy Dr. Michael Stegman said that the Obama Administration is "ready, willing, and able" to talk housing finance reform, which has been a hot-button topic in recent months as Fannie Mae and Freddie Mac remain in conservatorship of the Federal Housing Finance Agency.
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Investment firm Morgan Stanley is currently negotiating a possible settlement with the office of New York Attorney General Eric Schneiderman over the mishandling of subprime mortgage loans in the run-up to the housing market crash and financial crisis, according to multiple media reports.
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What is The Short Sale Specialist Network?
We are a nationwide network of Realtors® who are specialists in helping homeowners avoid foreclosure by working a short sale. We have created this site as an outlet for our referral and training programs, as well as to provide a resource for agents around the country to network with each other and discuss tactics and strategies in order to better work short sales.
A site by short sale Realtors®, FOR short sale Realtors®.
At The Short Sale Specialist Network, we also work with thousands of homeowners in financial hardship, educating and guiding them through the short sale process and directing them to a qualified, screened short sale agent in their area.
Basic membership is FREE!
Finding that Elusive Starter Home
The past few years have brought several changes in the real estate industry. The housing bust of 2006-08 led many people to either sell or walk away from their home. As the market is continuing to rebound, many investors have scooped up homes at affordable prices and are offering them as rental properties. In addition, other…Continue
The Wisconsin housing statistics are in for this November of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
Existing home sales in Wisconsin fell in November compared to the same month last year, but home prices increased over the same period,…
First-Time Homebuyers Discounts through FHA
People in the market for their first home can take advantage of a new offer from FHA. This new initiative aims to provide more information to buyers though classroom education and will reward them with a reduction in the premiums paid towards mortgage insurance.
HAWK to the…Continue
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