Tag Archive for 'mortgages'

Pres. Obama to Announce New Financial Regulations

The creation of a financial watchdog agency is among the new proposals Pres. Obama is expected to announce today. Its purpose will be to enforce consumers' interests from financial misconduct. The plan will also give the government authority to take control of companies that pose a risk to the entire industry. ---- By DAMIAN PALETTA WASHINGTON -- President Barack Obama is expected Wednesday to propose the most sweeping reorganization of financial-market supervision since… Keep reading

Freddie Mac changes mortgage rules, no cash out refinancing.

As of August 1st, 2008 the new mortgage guidelines will limit the number of properties a borrower can own to four 1-4 unit mortgaged properties. This will include any owner occupied or second homes added to any newly mortgaged property one desires to purchase in the future. Freddie Mac will not count the number of mortgages on a property, first and second mortgages will be counted as one. Formerly investors… Keep reading | 2 Comments

The Voice New Issue: Prophetic Imaginations by Jonas Clark

Cover Story: Prophetic ImaginationsEveryday we are bombarded by secular news reminding us we are in a spiritual battle for the souls of mankind. There is much concern about the economy, jobs, housing prices, mortgage foreclosures, declining morals, attacks against family values, the war in Iraq, and the upcoming presidential election… Keep reading | 1 Comment






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