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Financial Reform

The Wall Street Reform and Consumer Protection Act was signed into law in late July. Before the pains of the financial crisis were just a thing of the past, Congress passed the biggest financial reform measures since the Great Depression. While much of

President Bush Signs Mortgage Relief Bill

President Bush signed into law legislation that helps homeowners facing foreclosure and extended a lifeline to Fannie Mae and Freddie Mac. Highlights: a. Permanent increase of Fannie Mae & Freddie Mac loan limits to $625,000. The current limit of

Fed holds rate at 2.0 percent

The Federal Reserve, navigating treacherous economic waters, decided on Wednesday to leave a key interest rate unchanged, bringing an end to a string of consecutive rate cuts. The central bank announced that it was keeping the federal funds rate, the

New FHA and Fannie Mae Loan Limits for 2008

We have been waiting for some relief to our current market conditions and it arrived yesturday, March 6th. The new FHA and Fannie Mae, Freddie Mac conforming loan limits have been released by the U.S. Department of Housing and Urban Development. The new