Fannie Mae and Freddie Mac start buying back bad loans (Seattle Times)

Fannie, Freddie to start buying back bad loans By The Associated Press WASHINGTON Government-controlled mortgage-finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they already have sold to investors. The two companies are repurchasing mortgage loans for which borrowers have missed at least four months of… Read More

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Make Money through Real Estate

Excellent article from CNN Money. Make money in 2010: Your home Prices should stabilize at last, but rebuilding your equity will take time. By Amanda Gengler, Money magazine writer Last Updated: November 14, 2009: 8:10 AM ET (Money Magazine) — After three years of slumping house prices, the end of the real estate bust may… Read More

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