The Investor Insights

Fannie Mae is going to let homeowners facing foreclosure rent their homes for up to a year to try to keep a bazillion foreclosures on its books from hitting the market. The new program is for borrowers who don’t qualify for or haven’t been able to get a loan modification, according to Fannie’s news

Remember that movie Airplane? It was made in 1980 so I’m totally dating myself but I think it’s hysterical. And one of the funniest recurring bits in the movie is when the air traffic controller played by Lloyd Bridges keeps having to deal with all these problems

The Home Valuation Code Of Conduct (HVCC) goes into effect May 1st.  It’s a law that says real estate appraisers should not be “intimidated, coerced or bribed into coming up with a valuation on a property.” (um, we need a law to tell us that?!) Fannie Mae

So, last year when Fannie and Freddie freaked out and imposed all the crazy new rules for conventional loans, the biggest slam to us investors was the “maximum of 4 properties financed” rule. Basically it said that the max number of properties we were allowed to have financed using conventional

By Jerry Ascierto HousingFinance.com Fannie Mae and Freddie Mac are getting tough on cash-out refinancings for multifamily borrowers. The government-sponsored enterprises (GSEs) are changing the way they underwrite cash-out refis, with Freddie Mac announcing stricter terms in January and Fannie Mae expected to

OK, we’ve been trying our best to stay positive in this financial tsunami that we find ourselves in but I think it’s time for Plan B. Max Number of Financed Properties Effective December 1st, Fannie Mae’s maximum number of financed properties allowed when the loan is secured by