Stimulus

Might the Obama Housing Plan apply to you?

On February 18, 2009, the President announced his plan designed to help up to 7 to 9 million families avoid foreclosure by restructuring or refinancing their mortgages. This may pertain to you if your loan is owned or guaranteed by the GSE’s (government sponsored enterprises), which is about half of all outstanding mortgages. On March [...]

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What happens now that FREDDIE MAC and FANNIE MAE are UNCLE FREDDIE & AUNT FANNIE?

Uncle Sam to the rescue? The government is here to help us? Frankly, both of those statements cause me pause. But I think the move by our federal government to take over the operations of these two companies was the correct option, given that the government has been watching Rome burn for the past couple [...]

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