The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
The Internal Revenue Code has specific tax laws surrounding vacation homes that a taxpayer rents and also enjoys for personal use. Ultimately, the number of days rented versus days of personal use will impact tax reporting and to what extent expenses relating to the vacation home are deductible. The following highlights some of the most important aspects of these tax laws, but is not intended to be a complete discussion.
Preferred and common stock of Fannie Mae and Freddie Mac (FMCC) soared after four Senators proposed legislation related to the mortgage financiers that were placed into government conservatorships in September 2008.
We’ve taken the FFIEC 36-page proposal and condensed it for you into just a couple of pages.
With the end of the blissful go-go days of an ever-rising housing market and ever-prime mortgages, the notion of risk has become our close companion.
President Barack Obama is getting closer to nominating a replacement for Edward J. DeMarco, the acting regulator of Fannie Mae and Freddie Mac (FMCC), according to three people familiar with the discussions
Realtor.com listing data for February suggest buyers are getting an early start to the 2013 home buying season amid signs that sellers are finally responding to the positive market by increasing depleted inventories.