Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 01-30-2008, 07:29 AM
 
Location: Gilbert - Val Vista Lakes
6,069 posts, read 14,734,711 times
Reputation: 3876

Advertisements

This is a 9 minute segment (without commercials) that discusses the Fannie/Freddie $729,750 limit and it's possible effect on the housing market.

RE/MAX

Last edited by Captain Bill; 01-30-2008 at 07:31 AM.. Reason: Added text
Reply With Quote Quick reply to this message

 
Old 01-30-2008, 09:06 AM
 
157 posts, read 444,921 times
Reputation: 79
That was interesting...thanks for sharing!
Reply With Quote Quick reply to this message
 
Old 01-30-2008, 10:18 AM
 
27,206 posts, read 46,575,377 times
Reputation: 15661
Quote:
Originally Posted by Captain Bill View Post
This is a 9 minute segment (without commercials) that discusses the Fannie/Freddie $729,750 limit and it's possible effect on the housing market.

RE/MAX
Can you put up the complete link please? I can't open it and would like to watch it.
Reply With Quote Quick reply to this message
 
Old 01-30-2008, 12:52 PM
 
Location: Salem, OR
15,509 posts, read 40,235,609 times
Reputation: 17383
Thanks for the link. It was interesting.
RE/MAX
Reply With Quote Quick reply to this message
 
Old 01-30-2008, 02:09 PM
 
Location: Gilbert - Val Vista Lakes
6,069 posts, read 14,734,711 times
Reputation: 3876
<<http://remaxsat.edgeboss.net/wmedia/remaxsat/promos/dl_cnbc_full_length_1_25_08_mbr.asx>>
Reply With Quote Quick reply to this message
 
Old 01-30-2008, 11:11 PM
 
Location: Sputnik Planitia
7,826 posts, read 11,728,929 times
Reputation: 9045
Got to love Diana Olick, she is my favorite reporter on CNBC. She is not afraid to report the truth unlike most of these self-serving Real Estate industry clowns!!

The raise of the GSE cap is an outrage! Freddie Mac and Fannie Mae was established primarily to promote home affordability, since when has a $730,000 house become the new affordability metric. These a-holes want to raise the limit so that idiots can buy these homes and the lenders can continue their money making scamming ways. Ultimately Freddie and Fannie will go belly up and guess WHO pays...THE TAXPAYER!
Reply With Quote Quick reply to this message
 
Old 01-31-2008, 12:50 PM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,957 posts, read 22,240,254 times
Reputation: 6469
Fannie Mae and Freddie Mac were created to provide liquidity and an orderly secondary market for mortgages. They are federally chartered, shareholder owned corporations. The loan limits are just a part of their entire guideline package.

The FHA which is a federal agency, was created to make home ownership easier, not necessarily more affordable.
Reply With Quote Quick reply to this message
 
Old 01-31-2008, 01:10 PM
 
Location: Wouldn't you like to know?
9,116 posts, read 17,657,878 times
Reputation: 3722
Quote:
Originally Posted by DMenscha View Post
Fannie Mae and Freddie Mac were created to provide liquidity and an orderly secondary market for mortgages. They are federally chartered, shareholder owned corporations. The loan limits are just a part of their entire guideline package.

The FHA which is a federal agency, was created to make home ownership easier, not necessarily more affordable.

The timing and wording is still very suspect.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top