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Mortgage Blog USA

Thursday, January 28, 2010. Feds to Retire from Purchasing Mortgage Backed Securities. The Fed has announced plans to halt the purchase of Mortgage Backed Securities (MBS) starting at the end of March. They will then monitor the economic impact and reserve the right to enter back in if market conditions warrant it. Most analysts expect there to be a rise in interest rates at least for the short term, as much as 1% or even more, resulting in a negative impact on an already shaky economy. The housing m...

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Thursday, January 28, 2010. Feds to Retire from Purchasing Mortgage Backed Securities. The Fed has announced plans to halt the purchase of Mortgage Backed Securities (MBS) starting at the end of March. They will then monitor the economic impact and reserve the right to enter back in if market conditions warrant it. Most analysts expect there to be a rise in interest rates at least for the short term, as much as 1% or even more, resulting in a negative impact on an already shaky economy. The housing m...
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Mortgage Blog USA | mortgageblogusa.blogspot.com Reviews

https://mortgageblogusa.blogspot.com

Thursday, January 28, 2010. Feds to Retire from Purchasing Mortgage Backed Securities. The Fed has announced plans to halt the purchase of Mortgage Backed Securities (MBS) starting at the end of March. They will then monitor the economic impact and reserve the right to enter back in if market conditions warrant it. Most analysts expect there to be a rise in interest rates at least for the short term, as much as 1% or even more, resulting in a negative impact on an already shaky economy. The housing m...

INTERNAL PAGES

mortgageblogusa.blogspot.com mortgageblogusa.blogspot.com
1

Mortgage Blog USA: March 2009

http://mortgageblogusa.blogspot.com/2009_03_01_archive.html

Friday, March 27, 2009. Converting Existing Homes into Rental Income. Fannie Mae, Freddie Mac and the FHA have all instituted policy's for current home owners who cannot sell their current primary residence but would like to buy a different home in which to reside. According to reports, some home buyers. The guidelines state that no rental income from a single family home currently occupied by the owner can be used except under two situations which will be explained below. Is relocating with a new employ...

2

Mortgage Blog USA: December 2009

http://mortgageblogusa.blogspot.com/2009_12_01_archive.html

Wednesday, December 9, 2009. FDIC's Plan to help Stop Foreclosures. The head of the FDIC, Sheila Bair. Said “We’ll obviously lose by providing loss-share for principal writedowns. We’re looking now at whether we should provide some further loss sharing for principal write downs,” Bair. Said “Now you’re in a situation where even the good mortgages are going bad because people are losing their. This should also help to stabilize housing prices. Labels: FDIC asking banks for reduction in mortgage principle.

3

Mortgage Blog USA: Exisitng Home Sales and the HVCC

http://mortgageblogusa.blogspot.com/2009/06/exisitng-home-sales-and-hvcc.html

Tuesday, June 23, 2009. Exisitng Home Sales and the HVCC. The June 23, 2009 figure for Existing Home Prices indicates vaues have fallen to 4.77M which is lower than the anticipated 4.82M. This is good news for mortgage bonds which is in turn good for interest rates but bad for the economy as a whole. If you read my earlier post you will see that this is pretty much what I forecasted would happen. This bill is unnecessary for reasons I mentioned in the earlier post. Labels: Petition to Overturn the HVCC.

4

Mortgage Blog USA: July 2009

http://mortgageblogusa.blogspot.com/2009_07_01_archive.html

Wednesday, July 8, 2009. New Conventional and FHA Guidelines. Here we go again! There are several more changes in the works in the mortgage pipeline. Many lenders are making changes to FHA, Fannie Mae and Freddie Mac loans. Usually when one lender adopts one of these guidelines, they all follow. We have several lenders who have stated that on any Freddie or Fannie loan with less than 20% down payment. Or equity they will only go to a DTI. One lender has set the max DTI. On FHA to 45-50. If the DTI. The p...

5

Mortgage Blog USA: $8000 Tax Credit Extended for Some Miltary Personnel

http://mortgageblogusa.blogspot.com/2009/10/8000-tax-credit-extended-for-some.html

Friday, October 16, 2009. 8000 Tax Credit Extended for Some Miltary Personnel. Mortgage News Dailey (MND) has reported that Congress has passed bill HR 3590 which will allow Veterans a one year extension on the $8000 tax credit for first time homebuyers which will terminate November 30th. The Vet must be currrently serving overseas or has been deployed outside the country for 90 days in the last calendar year. Click on the Headline above and you will be directed the MND site for further details.

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Thursday, January 28, 2010. Feds to Retire from Purchasing Mortgage Backed Securities. The Fed has announced plans to halt the purchase of Mortgage Backed Securities (MBS) starting at the end of March. They will then monitor the economic impact and reserve the right to enter back in if market conditions warrant it. Most analysts expect there to be a rise in interest rates at least for the short term, as much as 1% or even more, resulting in a negative impact on an already shaky economy. The housing m...

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