by Susanne Dwyer | Dec 27, 2020 | Latest News, News, Spotlights |
In early March of this year, in response to the pandemic-induced economic shutdown, Congress gave borrowers with government-backed mortgages the right to forbearance and placed a moratorium on foreclosures. As a result, lenders, servicers and investors, skittish that...
by Susanne Dwyer | Jul 19, 2018 | Advice, Buying/Selling, For Your Clients, Home Spun Wisdom, Latest News |
(TNS)—Home prices have shot up in some areas of the U.S., to the point where buyers need jumbo loans to finance them. In mortgage-speak, jumbo refers to loans that exceed the limits set by the government-sponsored enterprises (GSEs) that buy most home loans and...
by Susanne Dwyer | Mar 12, 2018 | Latest News, National, News |
Changes to the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are on the table—and although they intend to mitigate risk to taxpayers, they could harm homeowners in the process, according to an analysis by Zillow. Borrowers, in fact, could be...