Top 6 Financial Articles of the Day:
1) Homeowners Becoming Reluctant Landlords
2) Goodbye Fannie/Freddie, hello McGee? Simply put, the MCGE buys mortgages from banks, pools them into securities, pays an insurance premium to a new government fund and then sells them to investors with government guarantees against the default of those securities. So the investors take the interest rate risk but they are not taking a credit risk.
3) Has the Obama administration failed already? Here are 10 things to do to restore their hope
4) An inventive way to clean up foreclosed homes with pools
5) Florida may invest in Florida real estate
6) Making the switch from being nice to banks to being tough on them
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment