March 25, 2011 (Chris Moore) In one of its last reports issued before its demise, the Congressional Oversight Committee (COC) faulted the Troubled Asset Relief Program (TARP) for failing to spend enough money to curb foreclosures. TARP was launched by the Bush Administration in response to the 2008 financial crisis, but was also to include [...]
March 25, 2011 (Shirley Allen) Fannie Mae is celebrating the one year anniversary at its South Florida Help Center that has helped over 1,000 struggling families since its opening. Fannie Mae partners with the Neighborhood Housing Services of South Florida (NHSSF) and was the first of six help centers that Fannie Mae opened in hard-hit [...]
March 25, 2011 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Phoenix on March 30 and 31, 2011. The event is being held at the Phoenix Convention Center and will be open from 9:00 a.m. until 7:00 p.m. each day. You still have until March 28 to register for the event. Read [...]
March 17, 2011 (Chris Moore) Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows rates edging slightly higher from the previous week influenced by inflationary and ongoing geopolitical concerns. Rates still at historically low levels. Read more...