Is a Short Sale Better Than a Foreclosure? - Fannie Mae, Freddie Mac, Stocks

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Freddie Mac

businesspundit.com - 2/23/2009

Is a Short Sale Better Than a Foreclosure?

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Here’s a handy Wall Street Journal bit on short sales vs. foreclosures: Although a short sale, where the lender agrees to take less than owed on the mortgage, will drop your FICO score as much as a foreclosure will, there is one advantage to it: You may be eligible to buy a home with an ...

calculatedriskblog.com - 2/18/2009

Comments on Housing Plan

— calculatedriskblog.com — There are three parts to the plan. For each part, I'll provide the Obama administration overview (... from the WSJ ) and then add some comments ... my objections are to part #2. 1. Affordability: Provide Access to Low-Cost Refinancing for Responsible ... (more) Comments on Housing Plan

Stocks

Housing Market

Stimulus Plan

Comments vote down Bear Mountain Bull found this 2/18/2009found this

bloomberg.com - 2/20/2009

Fannie Mae Rescue Hindered as Asians Seek Guarantee (Update2)

— bloomberg.com — Feb. 20 (Bloomberg) -- Asian investors won’t buy debt and mortgage-backed securities from Fannie Mae and Freddie... Mac until they carry explicit U.S. guarantees, similar to those given on bonds issued by Bank of America Corp. or Citigroup Inc. The ... (more) Fannie Mae Rescue Hindered as Asians Seek Guarantee ...

Stocks

Fannie Mae

Comments vote down The Market Ticker found this 2/20/2009found this

nytimes.com - 3/3/2009

Fannie and Freddie Likely to Stay in U.S. Hands

— nytimes.com — Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage... companies will most likely never fully return to private hands, lawmakers and company executives are beginning to quietly acknowledge. The ... (more) Fannie and Freddie Likely to Stay in U.S. Hands