US Government takes over mortgage giants Fannie Mae and Freddie Mac
Resource: News: Yahoo.com

Treasury Secretary Henry Paulson, Jr. speaks during a news conference in AP – Treasury Secretary Henry Paulson, Jr. speaks during a news conference in Washington, Sunday, Sept. 7, …

WASHINGTON – The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and [...]

Did you download the gratis preview of Andy Proper’s
new "Virtual Bird Dog Blueprint" I emailed you about?

If not, please let me urge you to go ahead and do so.
Download the Preview Right Here, Right Now
VirtualBirdDogBluePrint

This is some of the most brilliant, cutting
edge, "4-Hour Workweek" stuff out there right now.

You’ll find a TON of [...]

Fannie Mae Raises Lender Fees, Releases Retained
Attorney List
Carrie Bay | 08.07.08
Resource: DS News
Earlier this week, Fannie Mae announced that it is increasing the fees it charges lenders for purchasing their mortgages and making adjustments to its pricing structure for home-loan securities.

Stop the truck Sally!

This BREAKING NEWS report just came in from Mortgage News Daily.

I had a rather interesting email sent to me that made me think that others would have a lot to contribute to the subject of it. It is an interesting way to think about solving challenges you are dealing with in short sale investing, but I believe from all the responses we get from this [...]

OK here’s the deal. The last time I gave away something you guys went CRAZY! So… let’s see happens THIS time.

I’m running a little CONTEST on a design logo for the new launch of ShortSaleology 2.0. If you haven’t heard about it don’t worry… you will soon.

I need your help. Would [...]

This is something all of us need to keep a pulse on.

http://news.yahoo.com/s/ap/20080624/ap_on_go_co/congress_housing

Summary:

The centerpiece of the package is a foreclosure rescue program in which the Federal Housing Administration would provide $300 billion in new, cheaper mortgages for distressed homeowners who otherwise would be considered too financially risky to qualify for government-insured, fixed-rate loans.

Borrowers would be [...]

Well I almost was ready to swing from the rafters! Then all of a sudden reality struck!

It seems the 90 Day FHA Seasoning Lift for 1 Year only applies to properties acquired from foreclosure. That means it really doesn’t affect short sale properties.

Download HUD Flipping Guidelines for 90 Day Seasoning Lift

WHAT ARE YOUR THOUGHTS [...]

Yup… you read that right!

This is going to be an AMAZING here especially for all us short sale investors. Just think how many different programs FHA provides first time buyers to qualify to buy a house. Now take those buyers and match them up with all your short sale approved houses and what do [...]

I would like to ask you for a favor.  Would you watch this video and considering donating to the cause? I don’t care if it is $.50  Anything you can spare can help feed a child or adult living in a tent under a bridge in New Orleans. This is perhaps one of the best [...]