Welcome to the latest in a new series of audio news stories from Quicken Loans Relationship Marketing Manager Mark Smith. Today's podcast is titled “Uncle Sam rescues Fannie Mae and Freddie Mac” and details the Federal Government's bailout of mortgage giants Fannie Mae and Freddie Mac.
Uncle Sam Rescues Fannie Mae and Freddie Mac – Quicken Loans Podcast Series
by Clayton Closson on October 2, 2008 in Market Update
Despite Falling Mortgage Rates, National Mortgage Applications Lower Last Week
by Clayton Closson on September 24, 2008 in Mortgage Rates
Despite rates remaining low, the surge of applications from the previous week did not continue, according to a report released today by the Mortgage Bankers Association.
Wall Street vs. Main Street – What Will The Government’s Bailout Package Do For You?
by Clayton Closson on September 22, 2008 in Mortgage Rates
To battle America's looming financial crisis, The Bush Administration has proposed a $700 billion package – but what's in it for you?
Wall Street vs. Main Street – What Will The Government's Bailout Package Do For You?
by Clayton Closson on September 22, 2008 in Market Update
To battle America's looming financial crisis, The Bush Administration has proposed a $700 billion package – but what's in it for you?
Fed-s Action to Save Fannie Mae and Freddie Mac Lowers Mortgage Rates
by Clayton Closson on September 12, 2008 in Market Update
When the government took control of mortgage giants Fannie Mae and Freddie Mac this past week, a funny thing happened. The Financial Markets liked the move. The result? Mortgage rates are down!
Plummeting Mortgage Rates Trigger Jump in Mortgage Loan Activity and FHA Loans
by Clayton Closson on September 10, 2008 in Mortgage Rates
Rapidly falling mortgage rates are bringing consumers seeking a mortgage out in droves, according to the report released today by the Mortgage Bankers Association. The association’s Weekly Mortgage Applications Survey, which measures week-over-week volume of people applying for a mortgage to either purchase a home or refinance an existing mortgage, showed loan application activity increased 9.5%.
The Government, Fannie Mae & Freddie Mac – What Does It All Mean?
by Clayton Closson on September 8, 2008 in Market Update
If you were near a TV or computer this weekend, you know that after weeks of buzz, the government took control of mortgage giants Fannie Mae and Freddie Mac. But unless you like studying charts and following stocks, you might not know who those oddly-monikered companies are and what this news means to you.
Now it-s Official – President Bush signs the Housing and Economic Recovery Act of 2008!
by Clayton Closson on July 30, 2008 in Market Update
President Bush signed the Housing and Economic Recovery Act of 2008 into law this morning. With about 700 pages in this bill, it covers a lot of ground but here are some main points homeowners, home buyers and anyone interested in mortgages or real estate will want to know.
Update on the Housing and Economic Recovery Act of 2008 – It-s Almost Official!
by Clayton Closson on July 29, 2008 in Market Update
Any day now the President is expected to sign into law the Housing and Recovery Act of 2008. There are big changes in store with the passage of this act, changes which have the potential for sweeping effects across the mortgage and real estate industries.
Who Are Fannie Mae and Freddie Mac and Why Should You Care?
by Clayton Closson on July 18, 2008 in Market Update
Though Fannie Mae and Freddie Mac may have silly names, they're all about the serious business.
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