Tag Archives: Freddie
Escalating Exits
This past Monday, Anthony Renzi, who heads the largest division at Freddie – the single family mortgage division is leaving. This past year has seen a slew of talent and executives leave this past year, and was no surprise back … Continue reading
Posted in Financial, Lending, News & Information
Tagged Anthony Renzi, compensation, conservatorship, Fannie, Freddie
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Chicago versus Fannie
Fannie Mae and Freddie Mac sued the city of Chicago on Monday over an ordinance that makes mortgage creditors liable for the upkeep of vacant properties. Lenders are liable for fines up to $1,000 if they do not maintain the … Continue reading
Posted in Chicago, Financial, Lifestyle, Residential, short sales / foreclosures
Tagged Chicago, Fannie, foreclosure, Freddie, maintenance
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More Refinancing Options for Underwater Homeowners
The Obama administration announced plans to expand the Home Affordable Refinance Program to make it easier for homeowners who are struggling but still making mortgage payments to refinance their homes. Changes to the program include refinancing despite how much a … Continue reading
