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 borro...

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 c...

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 valuat...

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” ru...

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 th...

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 Dece...