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What Does the $26 Billion Robo-Signing Settlement Mean?

Here is a great article about the recent $26 billion Robo Signing deal you might have heard about in the news.  It’s by Neil Garfield on his blog LivingLies – check it out! Many hat tips to Yves Smith and others who have pointed out that the grand settlement has neither been drafted nor signed [...]What Does the $26 Billion Robo-Signing Settlement Mean? is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today!

Who is Funding Down Payments Now?

According to an article in The Realtor Magazine parents are the new funders of first time homebuyers.  About one-third of all new homebuyers are being funded through The Bank of Mom and Dad either through a gift or a loan. There are possible tax ramifications to these transactions that parents and their kids need to [...]Who is Funding Down Payments Now? is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today!

Freddie Mac Bets against Certain Refinancing

The U.S. Treasury Department has launched an official probe of mortgage giant, Freddie Mac’s alleged practice of purchasing “inverse floaters” which are collateralized based on the difference between the market rate and the mortgage rates on mortgages a securitized bundle. Most of the bundled securities in groups reportedly purchased by Freddie Mac in 2010 and [...]Freddie Mac Bets against Certain Refinancing is a post from: REWealthCoach.com, Bob Massey's site for real estate investment n