Right now, "there's more room for negotiation" in most housing markets because the sales pace slows in autumn, and prices have been falling, says Steve Habetz, president of ARCServ, a network of real estate attorneys.
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5. purchase contract was agreed to accept a. both sides reached an agreement, notarized by a third party company that is traded on transfer procedures b. Deposit sent notarized company c. transfer signing official documents and various reports on housi
Continue reading >>The last time the Treasury Department took a big step with housing was in early 2011, when it outlined for Congress how it planned to overhaul housing finance. Incremental measures are being taken, but what’s still missing is a concrete commitment to star
Continue reading >>Fannie Mae, the government-backed company that insures mortgages against default. Fannie made $17.2 billion last year, versus Berkshire Hathaway’s $14.8 billion. Fannie was the third-most profitable financial firm in 2012, after JPMorgan Chase and Wells F
Continue reading >>To avoid consolidating more than $5 trillion in assets and liabilities onto the federal ledger, the government never took full control of Fannie and Freddie when it bailed them out. Instead, the U.S. agreed to inject vast sums of aid in exchange for a new
Continue reading >>Hedge funds and institutional investors that have bought Fannie and Freddie shares represent another unlikely ally. They say that rather than plowing the companies under, the government should instead place new curbs on their activities, subject them to h
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