Tag Archives: federal mortgage

Ten Days Left To Qualify For Federal Mortgage Assistance

The Obama administration is surprised by the dearth of people applying for its mortgage help. I think many people have just given up on keeping their home. I think many people don’t want to battle with the blizzard of paperwork … Continue reading

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Fannie Mae Offers $1200 Bonus To Realtors

Taxpayers are going to be on the hook for hundreds of billions of dollars of losses by Fannie Mae and Freddie Mac thanks to these giants dropping their mortgage lending standards. Were these drops in standards the result of inadequate … Continue reading

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Foreclosures Hit Sacramento’s Wealthiest Homes

I lived in the Sacramento area from 1980-1994. Homes and properties were a lot less expensive than Southern California and the San Francisco Bay Area. During my years there, the smog steadily got worse. I worked in construction for years … Continue reading

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Federal Mortgage Rescue Plan Puny

From the New York Times: WASHINGTON — Fewer than 2,000 homeowners at risk of foreclosure have been helped by a Federal Housing Administration program that President Bush promised would help homeowners who had fallen behind on their mortgage payments, federal … Continue reading

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Looking For Someone To Blame For The Mortgage Crisis

Michelle Singletary investigates a mortgage company flagrantly breaking the law and making false promises. The Treasury Secretary Henry M. Paulson has put out the government’s plan for changing the nation’s financial regulatory structure. Paulson wants to give more regulation of … Continue reading

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