Martin Sumichrast | Home Price Gains Go to Double Digits


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I just read this article posted on CNBC 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


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