We are all aware that the GSE’s Fannie Mae and Freddie Mac buy a large share of mortgages. This is believed to help put liquidity into the home buying process by taking these loans off the books of banks and mtg compa...

What is the feedback on this site? I have tracked a few properties that did not meet the reserve. Are the banks coming off their number? What type of time line has anyone been experiencing with this site? New to the s...

How does foreclosure work?

Investment and commercial properties have different loan requirements than residential properties.
A higher down-payment is required. The minimum is 25%. This is the first key difference.
The reason for this: banks...

http://www.fdic.gov/news/news/press/2009/pr09012.html

FDIC Approves the Payout of the Insured Deposits of MagnetBank, Salt Lake City, Utah

After an extensive marketing process, the FDIC was unable to find another f...

Hi community,I am looking to get a HELOC or home equity loan. I most often hear about HELOC's so I think that's the best option since it's revolving, however, potentially more risky without the fixed rate.When it come...

Looks like financial regulators have closed Silicon Valley Bank. This bank has high exposure to tech & venture capital, however I was surprised to see this headline so soon. I have seen several articles stating th...

I officially have my first "failed" rent payment from a tenant.I use an online payment system where tenant's automatically pay rent and have verified their bank accounts through that site.I've had this tenant/roommate...

Can anyone recommend a bank/contact at a bank to refinance a primary residence? We have a 2-on-1 in San Diego. Thank you! 

I bought a house all cash last year. Unfortunately, I was in over my head at the time and hadn’t gotten the house tenant ready once the old tenants moved out. The house was a mess! This year although it is corona seas...