According to the Wall Street Journal, Fannie Mae and Freddie Mac are finally getting some private-sector competition in the business of financing loans in the debt market, at least in multifamily housing. Congress has been urging private capital to become the primary source of funding for...
A wise client of mine has said many times: the government had one good finance program. Congressional wisdom said, if we have one program working well, why not three? Right! So was born Fannie and Freddie. Although the expansion has made home ownership easier and a...
With banks being so stringent about homeowner loans, consumers are finding more and more that they need a back up plan. Enter the growing popularity of the lease to own option. Lease to own requests are most common in hard-hit markets where foreclosures have driven down...