FEDS MAKE MORTGAGE CHANGES

www.RobReynar.com Cochrane Homes For Sale. The Federal Conservatives have announced some changes to the way Banks will hand out mortgages, as with any change there is good and bad.

Feds subpoena mortgage records from Ally Financial

Feds subpoena mortgage records from Ally Financial
Feds subpoena Ally Financial mortgage records as probe expands to loan underwriters
Read more on Bay News 9 Tampa Bay

Fed’s Rosengren: not yet time to reverse stimulus

Fed’s Rosengren: not yet time to reverse stimulus
The U.S. economy needs a far better footing before the Federal Reserve reverses its current policy, and even more stimulus may be needed if the housing market hampers the rebound, a top Fed official said on Friday.
Read more on Reuters via Yahoo! News

Mortgage rates rise to 4.4% despite Fed’s bond buying plan

Mortgage rates rise to 4.4% despite Fed’s bond buying plan
Treasury yields are increasing which pushes lending costs higher
Read more on Contra Costa Times

The Fed’s Japanese Mistake Kicks Working People In The Teeth

The Fed’s Japanese Mistake Kicks Working People In The Teeth
Monetary policy can be a blunt instrument and it’s the poorer of our citizens whom it whacks hardest.
Read more on Forbes

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Read more on Austin American-Statesman

Feds force halt to Sonoma County energy loan program

Feds force halt to Sonoma County energy loan program
Sonoma County has suspended an innovative 16-month-old program to help property owners finance solar installations and other energy-saving retrofits after a federal agency announced Tuesday that such programs present a risk to giant government-chartered mortgage lenders.
Read more on The Petaluma Argus-Courier

Feds To Buydown Mortgage Rates Dec 4th Mortgage and Financial Market Update.wmv

Hello Friends, Have you heard the news? It seems too good to be true and most likely it is. Believe me, having our economy jump started by creating a home purchase flurry sounds wonderful on paper and I would love to see it happen if it could work, but my concerns are laid out in [...]