Mortgage Specialist
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Are The Days Numbered for Fannie Mae and Freddie Mac? There’s no question that there are major problems at Fannie Mae and Freddie Mac. But the Obama Administration is about to throw the …
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Shopping for a mortgage rate has just become a bit more difficult. In 2008, both Fannie Mae (FNMA) and Freddie Mac (FHLMC) created and implemented Risk-Based Pricing Overlays that affected …
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(Elizabeth Warren is the Harvard Law Professor chosen by President Obama to launch the new Consumer Financial Protection Bureau.) Dear Ms. Warren, Congratulations on being hand-picked by …
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Borrower “A” owned a two-family house on Long Island. Since rates were low, he wanted to refinance. He called his bank and received a rate quote. Thinking rates were going to drop more, he decided to …
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If you're like most people, your mortgage is due on the first of the month. But your lender gives you until the fifteenth to make your payment before you incur a late fee. Bank of America is …
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Borrower “A” owned a home on Long Island. His house was worth $2M, his mortgage balance $700K, and he had good credit. He figured refinancing his mortgage would be easy; so he called the phone number …
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