How Far Underwater Do Borrowers Sink Before Walking Away?
By Nick Timiraos At what point do borrowers who owe more than their homes are worth decide to stop paying the mortgage? A new study from economists at the Federal Reserve Board aims...
Fannie Wants To “Lockout” Borrowers Who Strategically Default
By Nick Timiraos Fannie Mae said on Wednesday that it would “lockout” borrowers from getting a new loan for seven years if they “strategically default” on a property. The move is...
Realtors Score a Win on Seller Financing
Jessica Holzer reports from Washington: Most people write a check to a lender or mortgage servicer when they want to pay their mortgage. A tiny minority of borrowers, however, make their...
Fannie Mae Homepath Mortgages for Real Estate Investors
[Note from SimplyDoIt: I could not find any info about this program on homepath.com] With low down payments, no appraisal fee and no mortgage insurance, why not? By James Kimmons, About.com Guide At...
Pain Vs. Pleasure: Evaluating Risk Tolerance in Real Estate
by JOHN FEDRO on MAY 28, 2010 In a previous article we discussed some of the risks and rewards of real estate investing. While writing that article I very quickly discovered that there is...