Tag: Trump administration
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Tip Line Will Bust Lying Mortgage Applicants, Says Trump Administration (Before Going After New York’s AG)
The Trump administration believes mortgage fraud is out of control. So, federal officials now run a tip line, to get people to report suspicious behavior. The administration is so gung-ho about mortgage fraud that it’s even accused New York Attorney General Letitia James of filing improperly completed mortgage applications. That’s bullying, and the charges are…
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What’s Going On With Fannie Mae and Freddie Mac?
Many people acquire deeds by applying for conventional loans. When we say conventional, we mean loans supported by our country’s federal housing agency through two powerhouses of the mortgage world: Fannie Mae and Freddie Mac. That’s why we keep current with news on the policy changes happening in that agency. And there’s a lot to…
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Will There Still Be FHA Loans? How Trump’s Return Could Impact Housing
And here it is: a new administration. What’s changing for home seekers and deed holders? Yes, there will still be FHA mortgages. There will still be conventional loans with government backing. But we can expect… All of these possibilities impact the value and availability of deeds for ordinary people. So, let’s do some Q&A to…
