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Sponsor: American Negotiators A report released Monday by a government watchdog reveals the top 90 employees, excluding the CEOs, received an impressive $92 million in pay last year at Fannie and Freddie -- companies that are propped by taxpayer money. The median paycheck of the top 23 executives at Fannie and Freddie totaled $1.72 million in 2011, a 9% decline from the previous year. The next 62 executives took home $723,000, a decline of 5%. Even high-ranked federal government employees don&
FANNIE LOU HAMER testified AT THE DEMOCRATIC NATIONAL convention TO THE Credentials Committee about violence and discrimination faced by black voters trying to register to vote, and her testimony was televised nationally! Get Ready to experience the Democratic National Convention from the African American Historical Perspective, with Attorney Activist, Constitutional Law Professor Gloria Browne-Marshall! Listen to The Gist of Freedom starting Monday August 27, live from the DNC and RNC!
in Real Estate
The latest story this week is about incentives being offered by Fannie and Freddie to help sell off more foreclosures. Your home not selling? We will also talk about a few options to help you get that home sold. We will take some time to talk about this and much more.
SPONSOR: AMERICAN NEGOTIATORS - 972-200-1187 or 866-865-3977. http://www.savedfromdebt.com/ SPECIAL GUEST CO-HOST 'SHOTGUN" The world will only have to wait a few more weeks to find out whether Fannie Mae and Freddie Mac will allow principal reductions on mortgages they back. The Federal Housing Finance Agency will decide this month whether Fannie and Freddie should allow write downs on the balances of borrowers who owe more than their homes are worth, said Ed DeMarc
CHICAGO TEACHER STRIKE IS OVER STUDENTS WENT BACK TO SCHOOL ON WEDNESDAY. THANK GOD. GENERAL MORTGAGE NEWS ON FORECLOSURES PROGRAMS TO HELP YOU NOW. CALIFORNIA SU[PPORT HOMEOWNER BILL OF RIGHTS MORTGAGE NEWS FROM CALIFORNIA OUR LISTNERS NEED TO KNOW. YOUR HOUSING SECURETARY IS OFFERING JOIN THEM IN FIGHTING FOR YOUR RIGHTS ON SAVING FORECLOSURE HOMES. MITT STATEMENT ON 47 PERSENT OF US HE DONT CARE ABOUT. LEARN ABOUT FANNIE MAC AND FREDDIE MAC PROGRAMS
in Real Estate
Today hosts Eric Butz and Brian Beadling will discuss the second version on the government's Home Afffordable Relief Program along with FHA streamline changes that were designed to help homeowners who've been paying their mortgage on time but unable to refinance due to the decrease in home values. We'll tell you what you need to understand before taking application with a lender.
Chapter 1: CBO Revises Budget Deficit Down $200 Billion
The Congressional Budget Office has revised its deficit forecast for this year by $200 billion, dropping its estimate to $642 billion. This puts the budget on track for its smallest deficit since 2008 when the economic crash reduced tax revenues and spurred stimulus spending. The CBO credited an increase in tax revenues along with a cash return from mortgage giants Fannie Mae and Freddie Mac. Additionally, they predict the deficit will continue to shrink to below 3 percent of the entire economy within the next two or three years, a point generally considered as economically sustainable. This has led some analysts to suggest high deficits are a thing of the past. We talk to Mark Rom, Professor at Government at Georgetown University.
Chapter 2: Judiciary Approves Farm Bill with $20 Billion in Cuts to Food Stamps
The Senate Agriculture Committee yesterday finally approved a five-year farm bill designed to cut spending through a combination of cuts in in Supplemental Nutrition Assistance along with decreases in farm subsidies. About $400 million of the $2.4 billion in proposed savings comes from cuts in SNAP – popularly known as food stamps – eliciting outcry from a number of Democratic Senators such as Kristen Gillibrand of New York. Much of the rest comes from cuts in direct payments to farmers, a controversial program that, critics say, end up costing the government more for food production than the production is worth. We talk to Bruce A. Babcock, Professor of Economics at Iowa State University.
in Real Estate
Ron Siegel is joined by Skip Schenker to discuss:
How do I get someone to introduce me to members of MY specific target market
What is a Business Introduction?
Why would I pay for a Meeting?
Where is the Real Estate Market heading?
What happened to the Shadow Inventory?
How do you become a Living Legend
The Press is a vital part of a Free Democracy
Nordstrom Tracks customers via their smartphones
Zero down Mortgages making a comeback?
Fed’s Duke addresses concerns for Borrowers with Low Credit Scores
The new Simplified Loan Mod program from Fannie and Freddie starts NOW!
Barbara Amstadter – Prudential California Realty
Joel Bash – Qualified Business Introductions
Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family.
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Congress is seeking to end the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac. The House Financial Services Committee approved legislation Tuesday that would suspend tens of millions in Fannie and Freddie executive compensation packages, stop future bonuses and align their salaries with other federal employees who make much less. The vote was 52-4, with strong support from both parties. The Senate is expected to take
Guest on Show Talk with Angela Butler is Ms. Fannie Cameron the President of Worldwide YEP Assoc., Inc. allows children ages 5 – 18 an opportunity to expand their thinking by giving them the outlook, education, training, and support to start their own businesses. During the “sponging age,” when children are young they have a greater ability to absorb information. There’s nothing worse than stifling a child’s “vision.” Through our Worldwide Youth Entrepre
Earlier this year, Walker & Dunlop, one of the leading commercial real estate finance companies in the United States, announced that its volume of over $4 billion in multifamily loan originations for Fannie Mae in 2012 made it the top DUS lender in the country.
Each year, Fannie Mae publishes the list of lenders that produced the highest volume through the DUS platform. Walker & Dunlop has been a DUS lender since the program's inception in 1988 and has moved from being the #10 producer in 2007 to the #1 producer in 2012.
Jumping from the #10 slot to the #1 slot is a major ‘Pivotal Play.’
Today, we are speaking with Don King, Executive Vice President & Chief Production Officer, at Walker & Dunlop.