Tag Archives: money

Will Fannie and Freddie Shutdown Push Up Mortgage Rates Further?

The Associated Press reported today that, if Congress has its way, the two government-controlled mortgage guarantee entities — Fannie Mae and Freddie Mac — could close down, resulting in higher mortgage rates. The House and Senate have separate bills that would phase out both Fannie and Freddie over a five-year period. But while the House […]

New Commercial Program from Affordable Financial Services LTD

Affordable Financial Services LTD has private equity money to lend on commercial properties in the five boroughs. 50 LTV/CLTV max. Please send scenarios to info@afsmtgcorp.com. For tips and strategies on working with Affordable Financial Services LTD’ lending niches and programs, visit http://twitter.com/Afslo.