December 20, 2014

GNN Supplemental 7/14/11: Fewer Mortgage Delinquencies

A supplement to this week’s Gold News Network Show… Seriously past-due home mortgages continue to decline for the nation’s largest mortgage company, continuing a 15-month path of descent.

Decline in Past-due Mortgages

Seriously past-due home mortgages continue to decline for the nation’s largest mortgage company, continuing a 15-month path of descent. Fannie Mae says the share of single-family loans it holds that are 90 or more days past due or in foreclosure fell 8 basis points to 4.19 percent in April, and then dropped another 5 basis points to 4.14 percent in May. Fannie Mae says servicers completed modifications on sixteen thousand, four hundred, and nineteen of its loans in May. For the first five months of the year, loan modifications total 84,133. That’s eighty four thousand, one hundred and thirty three loan modification with Fannie Mae since January 1st.

Get all these details and more by clicking here. 

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GNN Supplemental 7/7/11: California Loan Limits

A supplement to this week’s Gold News Network Show… Fannie and Freddie to make changes in loan limits. 

Conforming Loans in California

More than 30,000 California families will face higher down payments, higher mortgage rates, and stricter loan qualification requirements if conforming loan limits on mortgages backed by the Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac are reduced beginning October 1, 2011, according to analysis by C.A.R.  Barring congressional action, the maximum FHA, Fannie Mae, and Freddie Mac conforming loan limit will decline to six hundred twenty five thousand, beginning Oct. 1, 2011, from the current seven hundred twenty nine thousand, seven hundred and fifty limit, which is more than a one hundred thousand drop. C.A.R. and NAR have long advocated making higher conforming loan limits permanent. 

Click here to view charts showing how the changes would impact various areas throughout California, including your city.

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Gold News Network Show, June 16, 2011

Welcome to RE/MAX Gold  – the premier real estate resourse for BUYERS, SELLERS, INVESTORS and AGENTS!  Explore our site  and see all the information and resources we have available for you.

  This week Don and Veronica get some tips and strategies from top-producing RE/MAX Agents, take a look at the up-coming CAR Expo and share a video on how to make BPO’s boost your income.  Also, CoreLogic provides an in-depth look at recent short sales transactions and the dynamic duo looks at the new Green Refinance PLus program offerd through FHA and Fanie Mae.

Click below to view this week’s Gold News Network show:

Click on the articles below to learn more about the topics discussed on this week’s program, including links and more resources:

Miss past shows? Click each link below to past shows:

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GNN Supplemental 6/16/11: “Green” Financing

A supplement to this week’s Gold News Network Show… a new loan program announced from FHA and Fannie Mae.

Green Loans Making Energy Sense

FHA and Fannie Mae have partnered to offer Green Refinance Plus.  This program that allows owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy and water savings upgrades as part of a property upgrade.  Under the program, FHA and Fannie Mae will share the risk on loans to refinance existing rent-restricted projects while permitting owners to borrow additional funds to make energy-saving improvements to their properties.  This is a perfect story to send out to your database of investors or non-owner occupied clients demonstrating your knowledge of the market.

Click here to get more info on the Green Refinance Plus program. 

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GNN Supplemental 5/12/11: Energy Improvement Loans

A supplement to this week’s Gold News Network Show….update your energy-efficiency and help the environment all while doing so at a great rate. [Read more...]

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