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Tag: fannie mae

We Need a New GSE: Please Welcome Fattie Mae

15 January, 2009 (17:20) | Foreclosures and Short Sales, General, Mortgage Rates, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty

Every day there is a new article on the housing crisis and every day there’s a new offered solution.  Since everyone else is doing it, I figured it’s time for me to throw my idea into the ring:
My Idea:
The U.S. Government should set up another Government Sponsored Enterprise (GSE) charged with providing liquidity and stability [...]

Declining Market Appraisals – The End of 100% Financing

2 January, 2008 (21:17) | Community Issues, Info for Buyers, Info for Sellers, Market Stats, Mortgage Rates, Opinion | By: Aaron Dickinson - Edina Realty

More and more, I am hearing about appraisals that are coming back with notations from the appraiser that the property is in a “declining market.”
Unfortunately there is no set-in-stone definition for what is or is not a declining market.  What’s come up in my experience is either the pricing of comparables has fallen considerably or the [...]


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