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Mortage giants Freddie Mac and Fannie Mae have issued temporary guidelines for loan brokers during the shutdown.
We turn to Mortgage expert Karen Bartholomew of Summit Funding on what it means to those borrowers in process, escrow, and hoping to buy a home!
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't make close to these numbers, which are more comparable to top salaries in the private sector.
Executive compensation for Fannie and Freddie has fallen under heightened scrutiny after the two companies lost billions of dollars when the housing bubble burst. Both companies were the largest buyers of home mortgage loans in the U.S. and have been criticized for lax standards during the housing boom. Their losses were borne by taxpayers when the companies were taken over by the government in September 2008.
in Real Estate
Ha - with artificial intelligence being the stuff movies have been made of since Terminator, we see that the algorithms are attempted to be refined and changed to give what homes and real estate are worth absent a qualified real estate agent. Referenced in our Radio Show today was a bit we did on the changes to the Freddie and Fannie REO rules http://blog.paris911.com/good-news-non-investor-buyer-fannie-freddie/ We also put together the way some of the real estate syndication websites are going to dupe you into giving up who you are when it comes to obtaining your home's value http://blog.paris911.com/asking-algorithm-tell-much-home-worth-like/ and of course, our main site where we posted up the top 12 questions to ask the next realtor you are going to want to hire to sell your home is located at http://paris911.com just scroll down on the same page.
Join us tonight with Special Guest Fredrick "Freddie Jay" Wardlaw on "Life Forward Radio"
Fredrick O. Wardlaw, Sr is a Systems Analyst for the Bloomberg Bureau of National Affairs. He is highly skilled in the installation, testing, operation, and maintenance of computer based client server systems designed for legal publishing and containing multiple servers, RAIDs, special purpose processors and equipment including routers, load balancers, firewalls, and network hubs and switches. With an extensive background in project management, customer relations, and program implementation, Fredrick’s proven ability to meet project deadlines, identify requirements, and ensure customer satisfaction enhances productivity and streamlines operating procedures to exceed stakeholder expectations.
In addition to Fredrick’s impeccable performance as a Systems Analyst, he also is recognized by his colleagues and community members as a principal resource and activist in political and cultural arenas. While obtaining his Bachelor’s of Arts degree in the Administration of Justice at the historical Howard University, Frederick was instrumental in leading political rallies and informing students and surrounding community of underlying issues and root causes that were often overlooked and forgotten.
As a Native of Castor, Louisiana, Frederick spearheaded volunteers of Louisiana natives in the Washington, DC Metropolitan to assist in relief efforts for Hurricane Katrina victims along the Gulf Coast. Frederick himself, using his personal finances, traveled to Louisiana to assist in hands-on efforts and attend conferences regarding the rebuilding process.
Currently, Frederick is developing a program to build small, minority owned business by introducing them to legal publications that will inform them of consumer demographics and needs.
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Nathalie leads the discussion in the 1st half...2nd half Mollie Macarthy - Openshaw, President of Hot Flash Wines, shares her journey of overcoming and healing.
Host Cyrus Webb welcomes personal trainer and fitness model Freddie Lightbourne to Conversations LIVE to discuss not just his own journey to pursuing his goals and dreams but what it's been like to inspire others to do the same.
Frederick Anthony "Freddie" Jackson (born October 2, 1956) is an American soul singer. He was an important figure in R&B during the 1980s and early 1990s. Among his well-known hits are "Rock Me Tonight (For Old Times Sake)", "Jam Tonight", "Do Me Again," and "You Are My Lady".Born in Harlem, Jackson was trained as a gospel singer from an early age, singing at the White Rock Baptist Church. There he met Paul Laurence, who would later become his record producer and songwriting partner. After completing school, Jackson joined Laurence's group LJE (Laurence Jones Ensemble) and played the New York nightclub scene. During the early 1980s, Jackson moved to the West Coast and sang lead with the R&B band 'Mystic Merlin', but soon returned to New York to work with Laurence at the Hush Productions company. He sang on demo recordings of Laurence's compositions, and also served as a backing singer for Melba Moore after she saw his nightclub act.
In 1985, Jackson landed a recording contract with Capitol Records, and issued his debut album, Rock Me Tonight. The Laurence-penned title track stormed the R&B charts, spending six weeks at number one, and made Jackson an instant hit on urban contemporary radio. "You Are My Lady" gave him a second straight R&B chart-topper, and also proved to be his highest-charting single on the Billboard Hot 100, peaking at #12. With "He'll Never Love You (Like I Do)" and "Love Is Just a Touch Away" also hitting the R&B Top Ten, Rock Me Tonight topped the R&B album chart and went platinum. Jackson issued the follow-up Just Like the First Time 1986, on the heels of a number one R&B duet with Melba Moore, "A Little Bit More" (from her album A Lot of Love).
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.
Sunday Afternoon by Freddie Howard
Sunday Afternoon Internet Jock
Hometown: Beatrice, AL
Genres: Christian/Gospel / Jazz / Electronic
Members: Freddie collins Howard
Freddie Collins Howard Artist CEO Howcee Productions Gospel Music One Man Band. Voice Of The J. Shields Panthers Beatrice, Al. 36425. Began Promoting Gospel music in 2000. Worked as a DJ and Radio Jock Total Gospel Psalms WYNI Monroeville AL. Playing all styles of gospel Music for a time. Sings, Choir President Antioch #1 Baptist Church Tunnel Springs Al. Rev, W. Oliver Pastor. Married for over 45 years=Mary+4 Children=6 Grands. Deacon, Sunday Sch.Teacher. love all Styles/ of music. Keyboard player writer of all styles of music. Home recording Studio. Production and mixing. Sound Production. Internet radio jock @ Blog Talk Radio