Posted on December 16, 2008 by James K Barath, CMPS
Can you feel it? Can you hear it? Can you see it?
I am not talking about the weather or Barack Obama.
During the weekend of December 13th, major updates were implemented by Fannie Mae (FNM) that will influence home financing for years to come. These updates are a game changer and will have an impact for [...]
Filed under: FHFA, FHA, Fannie Mae & Freddie Mac, Fiscal Literacy, Mortgage Acumen | Tagged: Fannie Mae, Fiscal Literacy, Mortgage Acumen | Comments Off
Posted on December 1, 2008 by James K Barath, CMPS
No matter what your role in the real estate industry, understanding trends in home values is absolutely critical. With a shortage of active credit facilities and historic-low appetite for mortgage-backed securities, one must be able to decipher and interpret the data that drives lenders acceptance of residential real estate as collateral.
Although the Case-Schiller Home Price [...]
Filed under: Fiscal Literacy, Mortgage Acumen, Mortgage Industry, Real Estate | Tagged: Fiscal Literacy, Mortgage Acumen, Mortgage Industry, Real Estate, Real Estate Industry | Comments Off
Force Majeure. Force What?
I was reading an interesting article published in the NY Times about Donald Trump’s latest legal battle against Deustche Bank today titled “Trump Sees Act of God in Recession.“
Here are the facts that have lead up to the headline. Deutsche Bank is seeking a payment of $40 million that Trump personally guaranteed for a construction [...]
Filed under: Business Acumen, Commentary, Financial Acumen, Fiscal Literacy | Tagged: Business Acumen, Commentary, Financial Acumen, Fiscal Literacy | Comments Off