Got Foreclosure! - Blog

Will the Fed’s takeover of mortgage giants Fannie Mae and Freddie Mac help investors and home buyers?
Well, it might. The takeover is designed to shore up liquidity of the largest mortgage purchasers so that loan originators don’t get stuck with their newly originated loans.
In many cases, loan approval for qualified buyers was slow because loan [...]

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If you have been following my blog for any amount of time, you probably know that to me bad news spells opportunity…
worsening credit crunch = opportunity
Here is the problem: Dealing with buyers who need new financing that has to be approved by the bank. (If you have a story about that, go ahead and send [...]

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