ARCHIVED BLOG POSTS
2008
The latest and perhaps final version of $700 billion bailout legislation calls for the Treasury Secretary to implement a plan to stem foreclosures and to work with servicers to modify loans. However, how much the plan will actually help home owners is still of much debate.Since the bailout w...
09/29/2008
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One of the lenders I work with came across this program today for Canadians: Canadians can purchase a home in the US as a "second home" Here's what's needed: 75 LTV (25% down) International Credit Report Verification of Mortgage on Primary Home Last 2 paystubs and 2 years T4's (w2's) ...
09/29/2008
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Massive Rescue Effort for Financial Markets Congressional leaders and the Bush administration are working with Treasury Secretary Henry Paulson and Federal Reserve Chair Ben Bernanke to prepare a massive intervention to revive the U.S. financial system.The proposed plan reportedly includes using ...
09/19/2008