Fannie Mae is one of the two quasi-governmental mortgage investment companies regulated by the Federal Housing Financing Agency. Fannie Mae buys mortgage loans from banks who have made the mortgage loans to consumers. Fannie Mae sets criteria for the loans that they will buy and banks try to meet these criteria in order to sell the loans. When banks get money from Fannie Mae, they have more money to loan to home buyers.
Today On The Ilyce Glink Show August 10, 2008
There's a lot to talk about on Today's Show. CDs Are Looking Like A Better Deal Interest rates are starting to rise, which means that CDs are lookin...
Today On The Ilyce Glink Show July 20, 2008
Good morning. Today on the show we'll recap the big news of the week, including the stock market movements, Fannie, Freddie and Indymac, and some of t...
Ilyce Glink on WSB Radio – July 20, 2008
Today on the Ilyce Glink Show, Ilyce talks about how she feels the stock market is still in gyration mode. Now that we fell below the 11,000 barrier, it could happen again. This might create a once in 30-year opportunity to buy equities, which is what she's doing. Find out how she's reorganizing her investment portfolio to take advantage of changes in the market. She also took questions on selling a home before buying, prenups, writing down of mortgage values, Fannie Mae and Freddie Mac, 529 college savings plans (and the tax deduction associated with them) and how to make sure that mortgage payments made in advance are really being credited to your account properly. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Dow Jones Industrial Average Falls Below 11,000
The Dow Jones Industrial Average fell below 11,000 today - the first time it's dropped to this point in two years, according to the Associated Press. ...
Happy Father’s Day From The Ilyce Glink Show
Today on the show, I told a story about how my father helped teach me about the value of integrity. When I was growing up, my father (a municipal att...
The Ilyce Glink Show This Morning
It's Memorial Day and we're LIVE today, from 11a to 1p on www.wsbradio.com. Today on the show, we'll be talking about how some Florida condo owners a...
Ilyce Glink on WSB Radio – April 13, 2008
What's the penalty if your bank forecloses on you or you just walk away from your house and mortgage payments? Nothing good. On this week's show, Ilyce Glink talked about the new Fannie Mae and Freddie Mac rules that will penalize individuals with a foreclosure on their credit history. To find out the details, tune into this week's show. You can comment on the show at www.thinkglink.com/blog Check out Ilyce's new all-video site, www.expertrealestatetips.net and be sure to subscribe to her YouTube channel.
Ilyce Glink on WSB Radio – March 21, 2008
Ilyce Glink filled in on the Clark Howard Show today. She updated everyone on the goings on in the financial world this week (like the purchase of Bear Stearns, and the ability of Fannie Mae and Freddie Mac to increase the amount of loans they do), and talked about how a lucky company might win $10 million if it can develop a car that gets 100 miles per gallon and meets other eco-friendly standards. For all this and more, click here to listen to the show. And, don't forget to check out www.thinkglink.com/forum for the show notes and Ilyce's newest site, www.expertrealestatetips.net for her videos on buying and selling a house.
$11 Billion For Countrywide
The news this morning that Countrywide has borrowed about $11 billion from 40 banks is enough to give anyone pause. While that sounds like a lot of c...
Freddie Mac Announces Loan Limits Will Stay The Same in 2007
After years of rising higher, Freddie Mac announced this morning that conventional mortgage loan limits will stay the same in 2007. Loan purchase limi...