Freddie Mac is one of the two quasi-governmental mortgage investment companies regulated by the Federal Housing Financing Agency. Freddie Mac buys mortgage loans from banks who have made the mortgage loans to consumers. Freddie Mac 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 Freddie Mac, they have more money to loan to home buyers.
Rep. Barney Frank’s Office Responds To Rep. John Culberson’s Comments On Glenn Beck Show
You may have seen this comment on an Oct 14 entry to this blog: Listened to Glenn Beck tonight on cable --had a senator (sorry don't remember his nam...
Mortgage Loan Rates Rise
Both the Mortgage Bankers Association (MBA) and Freddie Mac issued news that mortgage loan interest rates have gone up. For the week ending Oct. 10, ...
A Great Explanation Of What Happened This Week
From the Freakonomics Blog at the New York Times: An excellent discussion. http://freakonomics.blogs.nytimes.com/2008/09/18/diamond-and-kashyap-on-t...
$700 Billion? Are You Serious?
The email was sent out from Treasury at 7:03pm last night. Treasury Secretary Henry Paulson is asking for $700 billion to bail out the bad mortgages s...
Listen To September 7 Ilyce Glink Show
Ilyce's most recent Sunday show is now available on ThinkGlink.com: https://www.thinkglink.com/radio.asp Ilyce discussed the Federal Government's takeo...
Today On The Clark Howard Show September 9, 2008
Today on the Clark Howard Show, we'll take a look at Day 2 of the Fannie Mae/Freddie Mac takeover. Mortgage interest rates dropped dramatically yester...
Fannie Mae And Freddie Mac Bondholders Should Be Fine
We've had some calls from people who hold Fannie Mae and Freddie Mac Bonds. While the Fannie and Freddie Shareholders have had 80 percent of their sha...
Today On The Clark Howard Show September 8, 2008
Today on the show, we're going to talk about the Fannie Mae/Freddie Mac takeover by the Federal Government and what it means to you. We'll also have ...
Ilyce Glink on WSB Radio – September 8, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. She discussed the Federal Government's takeover of Fannie Mae and Freddie Mac and walked listeners through what might happen to mortgage rates, housing prices, loan adjustments and Freddie and Fannie bonds. She took calls about refinancing, short sales, foreclosures, buying a house, rental properties, social security and spousal benefits, home repair fraud, and buying on debit cards. 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.
Today on the Ilyce Glink Show September 7, 2008
Sunday 9/7/08 on the Ilyce Glink Show Today on the Ilyce Glink Show, we discussed the Federal Government's takeover of secondary mortgage market gian...