Blog > Blog > Archive by tag 'Fannie Mae'

August 27, 2009 at 1:13 pm

Dealing primarily with the foreclosure market in the past two years, lately I have been involved in many Fannie Mae transactions as both a buyer’s agent and a buyer. Unfortunately, although they are often some of the best deals on the market, that fact might be changing. If you are a real estate investor, Fannie has now stacked the deck against you. Read more

February 10, 2009 at 5:52 pm

It appears that Fannie Mae has decided that it is going to cut real estate investors a break. Word is hitting the street that the current cap on Fannie Mae backed loans will be removed for credit worthy real estate investors beginning March 1, 2009. The new cap will jump all the way up to 10 properties. Read more

September 12, 2008 at 3:12 pm

Check out this surprising spot-on article about the Fannie Mae/Freddie Mac bailout from David Nicklaus of the St. Louis Post Dispatch. I’m still afraid the cure could be worse than the disease here. Hopefully that’s just the cynical, pessimist in me.

September 11, 2008 at 2:40 pm

It sounds like the Fannie Mae/Freddie Mac shakeup won’t be too big an issue for local banks in Missouri and Illinois after all. So this article in the Post Distpatch claims anyway.

September 10, 2008 at 9:46 am

The Post Dispatch is reporting that local Pulaski Bank just sold it’s shares in Fannie Mae in the wake of the government bailout for an after-tax loss of $5.2 million. Not the kind of news you want to hear when you are hoping to see some of the local boys loosen up the lending reins. Check out the story for more.

September 8, 2008 at 10:42 am

The boat has been sinking, but a bailout is coming. If you haven’t already heard the news, it appears that the United States government will be bailing out federally backed lenders Freddie Mac and Fannie Mae to the the tune of $100 billion each. You can see more details on that here. There seems to be a universal sigh of relief at the moment. Stocks are shooting up and optimism is in fashion. Read more