Do you know what a Government Sponsored Enterprise is? That is what Fannie Mae & Freddie Mac are. They purchase "Conforming Mortgages" from lenders in what is called a secondary market. They rely heavily on credit lines from the US Treasury. They are huge corporations and play a significant role in the funding of real estate transactions. Can you imagine how important it is in a market like we see today for these two giants to remain so
Is the Orlando Residental Real Estate Market Improving?
Recent data released by local Realtors seems to support that possibility. Inventory of homes for sale continued to decline, transaction count and median sales price are both up slightly. Those indicators are pointing in the right direction. Historically speaking, the real estate market tends to generally improve for the following two quarters after the Christmas holidays.it's still a little too soon to really know. The good news is that
A new group of borrowers are facing growing problems in making their payments. Builders, Developers and Speculators are a new concern for Lendors. Falling land prices and other factors that are erroding loan collateral are a new threat on the Horizon. Lendors with heavy portfolios tied to the construction industry are starting to get a bit more concerned...
