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Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case

This just in. Looks like relief is in site. But at a Price. The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history. Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already ha... Read more

“I Buy Houses” industry is DEAD

As you probably know, my buddies Preston and Pete are re-launching Freedom$oft. I've included some "got to have" make it a no-brainer decision bonuses. Click on my audio recording below. You can get all the details and some free entertainment by clicking here ... http://www.RealEstateGranite.com/recommends/freedomsoft.htm I highly recommend getting this brand new technology.... Read more

FHA loves Investors Again

I found some incredible news for investors… Friday, the FHA has suspended the 90-day anti-flipping rule for 1 year, effective February 1, 2010. So for at least the next 12 months, FHA buyers can obtain loans on properties that have been recently purchased by investors. This is great news for investors trying to flip properties to FHA Buyers! For the next year at least, you wont’ have to ... Read more

New York Times says Lucrative Fees May Deter Efforts To Alter Loans

It is just something that these services from title to close to fee collection is vertically integrated and owned by banks and mortgage servicers. Wow, what a spiral. Makes you wonder if buying a foreclosure is a good idea, maybe buy directly from the seller in distress before the bank gets it. Hit me up with your thoughts below. NYT: Fees may deter efforts to alter loans Many mortgage compani... Read more

Discover The LeadGen Secret The Real Estate Gurus Don’t Tell You

Discover The Investing Secret The Gurus Don't Tell You How to do to make the BIG Money, Flipping Quick Deals by... Simply clicking a few buttons on your Computer each Day! And we’ll GIVE you SIX ways to get started today! You’ll be shocked how easy this is—and how many super successful people are secretly using this unbelievably powerful technique. In fact, we cornered Real Estate milli... Read more