The Investor Insights

A hot topic in Washington, D.C. this month is what to do with 3 million REOs currently in holding by the Federal Housing and Finance Agency. The popular answer is to make the government agency the largest landlord in America. Does this help or hurt the investor market and, more importantly, the recovery of the [...]

According to new rules from Freddie Mac, it could be. Starting at the beginning of next year, all parties involved in a short sale will be required to sign an affidavit that says they are handling the transaction to federal standards. The additional paperwork is said to help all parties with an interest in the [...]

The hits just keep coming for real estate investors. Freddie Mac just announced that effective May 1, 2001, they are requiring a 120 day seasoning on rate and term or “no cash out” out refinances. So, if you’re buying with private money, rehab loans, hard money or other short term loans and refinancing into a [...]

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 and makes cracks like … “Looks like I [...]

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 and Freddie Mac are now regulating the appraisal [...]