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Posts Tagged ‘ costs ’

Report: Bailout Costs for Fannie and Freddie expected to decline

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Report: Bailout Costs for Fannie and Freddie expected to decline

From Nick Timiraos at the WSJ: Cost of Bailing Out Fannie and Freddie Expected to Fall Sharply Fannie Mae and Freddie Mac are expected to begin repaying taxpayers for their bailout faster than initially projected, in part because of an improving housing market. The Federal Housing Finance Agency, the companies’ federal regulator, released a...
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Fed’s Pianalto discusses Benefits and Costs of QE3

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Fed’s Pianalto discusses Benefits and Costs of QE3

From Cleveland Fed President Sandra Pianalto: The Federal Reserve and Monetary Policy I am expecting the U.S. economy to continue to grow, but at a moderate pace. I expect economic growth of about 2 percent this year. And with this moderate GDP growth forecast, my outlook is for very slow improvement in the jobless...
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Can closing costs be negotiated with REOs (real estate owned properties)?

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A relevant strategy to today’s market… Video Rating: 5 / 5 Question by Jennifer T: Can closing costs be negotiated with REOs (real estate owned properties)? Best answer: Answer by Michael BOne thing you will find on this planet that everything is negotiable always what is the worst they could say No well at...
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Posted in REOs and Foreclosures | 2 Comments »

Do funds have to be “seasoned” for Closing costs?

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Question by Rachael H: Do funds have to be “seasoned” for Closing costs? I have a FHA loan.. found a house at a great price.. but I have to cover closing costs. I was just wondering.. do they have to be “seasoned”,or earned money… or does the bank even care? Thanks. Greeter: LOL. Get...
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