Fannie Mae asks for more federal aid after Q1 loss
Wednesday, March 16th, 2011Fannie Mae (FNM.N), the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
Factors and Variables Influencing Mortgage Finance
Wednesday, March 16th, 2011Properties are secured under mortgage to oblige the borrower to make a predetermined succession of loan payments. A borrower can obtain mortgage finance to from a financial institution like banks. Components like loan size, loan maturity, interest rate and loan payment method differs significantly from one creditor to another.
How To Make Application For And Quicken A Georgia First Time Residence Buyer Grant
Sunday, March 13th, 2011It is important for residents in Georgia to know how to apply for and quicken a Georgia first time home buyer grant. This grant is free money given to residents so they can purchase a suitable dwelling place for themselves and their family.
1.5+ Million Non-Business Bankruptcy Filings in Fiscal 2010, 14% Increase
Sunday, March 13th, 2011CNNMoney reports Bankruptcy filings jump 14% in 2010 In the federal government’s fiscal year 2010, which ended September 30, more than 1.5 million non-business bankruptcy filings were processed, according to data released Monday by the Administrative Office of the U.S. Courts. That’s up more than 14% from fiscal 2009, when about 1.3 million personal bankruptcies [...]
Save Money By Paying More On Your Mortgage
Sunday, March 13th, 2011Buying a home is everyone’s dream, and it’s very common for people to take on 30-year loans to make that dream come true. Taking on 360 months worth of payments requires a large commitment, especially since most of the money you pay in the beginning is going toward interest.
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