Martin Sumichrast | Home Price Gains Go to Double Digits

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I just read this article posted on CNBC http://www.cnbc.com/id/100769361 There is no question that home prices have rebounded in most metropolitan areas. Some prices in these areas have jumped higher than others, but I suspect that those that may be seeing … Continue reading

Martin Sumichrast | Elimination of Fannie Mae (and Freddie Mac) Is A Terrible Idea

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According to CNN,  the Obama administration will issue a proposal later this week recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac, a White House official said Wednesday. CNN reports that the highly-anticipated “white paper,” which … Continue reading