If you are working with clients aiming to buy and finance a home in the near future, you’ll want to be sure to close the transaction before the end of the year.
The Obama administration finds itself balancing the need to spur the economy through promoting the housing and mortgage market, while protecting banks and other investors from risky mortgages. On February 11th, it presented a broad plan to begin shrinking its support of the nation’s mortgage market. Continue reading
February 17, 2011