Archive for April, 2008

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A Huge Underwriting Shift in the Wind for Fannie Mae

By: Myles, April 3rd, 2008

As reported in the Baltimore Business Journal today, Fannie Mae – the Washington, D.C.-based mortgage giant – is setting new rules about what mortgages it will buy.
These new underwriting guidelines will have a huge impact on the number of people who will get loans and the amount of business that flows through the real estate, banking, […]

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Posted in Real Estate Brokers, Subprime, Residential Real Estate, Fannie Mae, Attorneys, Bankers, Regulation, Home Equity, Mortgages, Market Trending | No Comments »

The $1.1 Trillion HELOC Problem

By: Myles, April 1st, 2008

There just may be an even scarier phenomenon approaching us on the financial and real estate horizon: HELOC’s.
Recently HoweStreet.com made several very interesting comments, in response to The New York Times’ enlightening article: Home Equity Loans as Next Round in Credit Crisis.
We at MarylandCommercialTitle.com believe that information is power. We hope you agree. These are […]

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Posted in Attorneys, Subprime, Delinquency Rates, Bankers, Mortgages, Annual Recap, Historical Perspective, Home Equity, Market Trending | No Comments »

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