Good news; for real
Author: Administrator
I have spent the last two weeks trying to figure out how to approach the ever constricting market. The past few weeks it has seemed as though the flow of money was at risk at being turned down or off . With Fannie Mae and Freddie Mac tightening up and FHA critics screaming poor it was starting to look truly dismal. Well, finally a bright spot. The treasury has given Freddie and Fannie an open check book of sorts. This should help loosen things up a touch (I pray).
Well, this seems less than awesome for taxpayers ,without it we very well could face a depression. Not to be a downer but the market is a long way from recovered to a safe level. There are still a multitude of obstacles such as adjusting arms and beaten down homeowners that have to be addressed before the recovery is real. Hopefully this will turn obstacles into opportunities.
Leave a Reply
Categories
- Call for action (1)
- Foreclosure (4)
- Government (5)
- Happy news (3)
- Horror Stories – Lending (1)
- Important lending changes (3)
- Rates (1)
- Uncategorized (8)
- What the media is saying (4)
-
December 2009 M T W T F S S « Nov Jan » 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 -
Archives
Blogroll
-
Meta
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
