The Office of Federal Housing Enterprise Oversight (OFHEO) announced Wednesday that it would lift the restrictions on Fannie Mae and Freddie Mac's combined $1.4 trillion portfolios to give them the ability to buy more mortgages from lenders and support housing. The limit increase will go into effect March 1, 2008 and should add some needed liquidity to the mortgage market.
skip to main |
skip to sidebar
H.R. 5140 Economic Stimulus Act of 2008
S. 2595 A bill to create a national licensing system for residential mortgage loan originators,
Wisconsin Based Mortgage Broker - The Elite Mortgage Solutions, Inc. Team Blog Provides Mortgage News, Insights, and Custom Solutions.
The Author
Work With Shannon
Shannon provides residential and small commercial mortgage solutions for owners and investors in the state of Wisconsin.
Reach the team toll-free:
-1-800-585-5774
-Email Shannon Luscher:
Shannon@elitemortgagesolutions.com
-Visit the team Web site:
www.EliteMortgageSolutions.com
Reach the team toll-free:
-1-800-585-5774
-Email Shannon Luscher:
Shannon@elitemortgagesolutions.com
-Visit the team Web site:
www.EliteMortgageSolutions.com
Not A WI Resident?
Helpful Links
Wisconsin WHEDA Program - Google News
Topics
- Sub-Prime Crisis
- The Fed
- Loan Officers
- Wisconsin
- 1st Time Homebuyer
- Countrywide
- Fannie Mae
- Mortgage Meltdown
- WHEDA
- BOA
- Credit
- Foreclosures
- Mortgage Planning
- Rates
- Wisconsin Mortgage News
- Brown County
- Economic Stimulus Package
- Fed Funding Rate
- Government
- Indy Mac
- Mortgage Reform
- Politics
- Refinance
- Ben Bernacke
- Congress
- Consumer Education
- FHA
- FICO
- Freddie Mac
- H.R. 3221
- H.R. 800
- HUD
- In The News
- Loan Limits
- Mortgage Freeze Plan
- Mortgage Rates
- Outlook 2008
- Rant of the Day
- Relationship Building
- Rent vs Own
- Tax Deductions
- Unions
- pork
- $700 billion bailout
- 1031 Exchange
- 1099
- 125%
- 2nd Mortgage
- 787 billion
- ARM
- Annual Equity Reviews
- Barack Obama
- Beginning Of The Week Economic Outlook
- Bond Insurance Bailout
- Brain Cancer
- Business Coaching
- CWC
- Card Check
- Client Education
- Clinton Administration
- Commerce Crossing
- Corporate Responsibility
- Credit Line
- Daschle
- Default
- Delinquency
- Democrats
- Elite Mortgage Solutions
- Employee Free Choice Act of 2007
- FICO 08
- FSBO
- Foreclosure Help
- Future
- GFE Overhaul
- GSE
- Gas Prices
- Green Bay
- H.R. 6254
- Health Care Repeal
- Home Construction
- Home Equity Line
- Home Saver Advance
- House of Representatives
- Iowa Caucus
- Kaukauna Dog Track
- LIBOR
- Lazy Dogs
- Lending Standards
- Loan Workouts
- Market Movers
- Merchant Circle
- MerchantCircle
- MerchantCircle.com
- Mortgage Backed Securities
- Mortgage Basics
- Mortgage Broker Standards
- Mortgage Bundling
- Mortgage Myths
- NAR
- National Average Home Value
- National City
- New Hope Coalition
- Off Topic
- Online Lead Generation
- Online Mortgage Leads
- Outagamie County
- Paulson
- Points
- Portfolio Caps
- President Bush
- Prime Rate
- Principal Reduction
- Project Lifeline
- Q1 2008 WI Real Estate Stats
- Quality Control
- REIT
- Rate Trend Survey
- Real Estate Investors
- Rental Properties
- Republicans
- Sales Tips
- Schumer
- Senate
- Senator Ted Kennedy
- Sheriff Sales
- Small Business
- Starbuck's
- Steroids
- Stock Market
- Systems
- Tax Credit
- Terms of Use
- U.S. Chamber of Commerce
- Utilization Ratios
- VA Home Loan
- WAMU
- Wholesale Lenders
- Wisconsin Median Resale Value
- approval
- economic stimulus
Recent Articles
Free ARM Review
Are You Unsure About What To Do About Your Adjustable Rate Mortgage? I can help with a
Free No Obligation - ARM Review.
Free No Obligation - ARM Review.
What I"m Reading...
Mortgage Calculators
In The News
Elite Mortgage Solutions, Inc to Open New Office
Commerce Crossing gains another firm
Appleton Post Crescent - May 2, 2008
KAUKAUNA — Construction began this week for Elite Mortgage Solutions, one of four businesses that will take up residence at Commerce Crossing.
The firm is not new to Kaukauna. For the past five years, owners Scott and Shannon Luscher have been operating from a site at U.S. 41 and County J.
When the office opens in August, the Luschers will have 3,397 square feet of space, more than double their current space.
"It lets us establish ourselves that we are going to be here for a long while," said Scott Luscher.
Elite Mortgage Solutions has served more than 1,000 clients, he said. The firm specializes in residential, commercial and new home construction and refinancing.
After having sat idle for 14 years, Commerce Crossing, once home to the Fox Valley Greyhound Park at U.S. 41 and State 55, started to attract business traffic last fall.
The Lazy Dog Sports Bar & Grill is scheduled to open next month.
Other businesses that will move in are Go Wireless' corporate office and Tri County Investments' indoor archery range, Hunters and Gatherers.
Official Press Release
October 19, 2007
Elite Mortgage Solutions, Inc., a Kaukauna based Mortgage Broker, has announced the acquisition of 1.75 acres of commercial real estate at Commerce Crossing in Kaukauna. The land will be the future construction site of the company's proposed 3000+ sq. ft. office building. "We have outgrown our current space and really wanted to stay in Kaukauna. Commerce Crossing is a great location and we are looking forward to breaking ground by this time next year", said Scott Luscher, President of Elite Mortgage Solutions, Inc.
Commerce Crossing gains another firm
Appleton Post Crescent - May 2, 2008
KAUKAUNA — Construction began this week for Elite Mortgage Solutions, one of four businesses that will take up residence at Commerce Crossing.
The firm is not new to Kaukauna. For the past five years, owners Scott and Shannon Luscher have been operating from a site at U.S. 41 and County J.
When the office opens in August, the Luschers will have 3,397 square feet of space, more than double their current space.
"It lets us establish ourselves that we are going to be here for a long while," said Scott Luscher.
Elite Mortgage Solutions has served more than 1,000 clients, he said. The firm specializes in residential, commercial and new home construction and refinancing.
After having sat idle for 14 years, Commerce Crossing, once home to the Fox Valley Greyhound Park at U.S. 41 and State 55, started to attract business traffic last fall.
The Lazy Dog Sports Bar & Grill is scheduled to open next month.
Other businesses that will move in are Go Wireless' corporate office and Tri County Investments' indoor archery range, Hunters and Gatherers.
Official Press Release
October 19, 2007
Elite Mortgage Solutions, Inc., a Kaukauna based Mortgage Broker, has announced the acquisition of 1.75 acres of commercial real estate at Commerce Crossing in Kaukauna. The land will be the future construction site of the company's proposed 3000+ sq. ft. office building. "We have outgrown our current space and really wanted to stay in Kaukauna. Commerce Crossing is a great location and we are looking forward to breaking ground by this time next year", said Scott Luscher, President of Elite Mortgage Solutions, Inc.
Legislative Issues
| H.R.1852 Expanding American Homeownership Act of 2007 |
| H.R.3915 Mortgage Reform and Anti-Predatory Lending Act of 2007 |
| S.2338 FHA Modernization Act of 2007 |
| H.R.2475 Veteran Home Equity Conversation [sic] Mortgage Act of 2007 |
H.R. 5140 Economic Stimulus Act of 2008
S. 2595 A bill to create a national licensing system for residential mortgage loan originators,
No comments:
Post a Comment