by Fatima Khokhar | Nov 1, 2010 | Banking And Finance, Naples Area Market Conditions
Will we ever get tired of hearing that real estate prices are falling? Not really, especially if you are looking to take your cash and jump into the landlord game. Need to finance your investment? Then the condo game in Florida may not be worth your while. In this...
by Fatima Khokhar | Oct 19, 2010 | Banking And Finance, Fannie, Freddie and the Fed, Naples Area Market Conditions
WASHINGTON – Oct. 18, 2010 – Recent revelations about mortgage lenders filing possibly faulty court papers to foreclose on homes has sparked a public outcry and called into question tens of thousands of foreclosures. Q: How did this come to light? A: Lawyers for...
by Fatima Khokhar | Oct 4, 2010 | Banking And Finance, Naples Area Market Conditions
Since the housing bubble burst, appraisers have come under intense pressure for failing to account for actual market conditions. And while a new home valuation code of conduct was enacted in 2008 by Fannie Mae and Freddie Mac, controversy over home values still...
by Fatima Khokhar | Aug 10, 2010 | Banking And Finance
Earlier this month the mortgage company giant Fannie Mae unveiled a website geared towards consumers. www.knowyouroptions.com The motivation behind the website is to provide the public with a guide to options available to homeowners who are behind on their mortgage...
by Fatima Khokhar | Jul 10, 2010 | Banking And Finance
Mortgage rates have been on a downward spiral for the past five weeks. Freddie Mac reported this week the average 30-year fixed loan rate dropped to 4.56 percent, the lowest since the institutional giant began tracking rates in 1971. The 15-year fixed loan rate fell...
by Fatima Khokhar | Jul 1, 2010 | Banking And Finance, Naples Area Market Conditions
A deed in lieu of foreclosure is “one of the oldest concepts in real estate”, though it has recently surged back into the limelight given the current climate fostered by the abundance of short sales and foreclosures in our market. What exactly is a deed in...
