All Forum Posts by: Lee Common

Tim,

I agree have you seen Peter Schiff new video?

http://blog.mises.org/archives/009620.asp

I'm watching it now.

Best, Lee

Richard,

I trust all is well with you.

Personally I find this all quite interesting but, what in your opinion do you propose the BP community can do about it even if it is true?

Here is the link to the entire video.

http://video.google.com/videoplay?docid=7535755025025800195

best, Lee

Shana,

Thank you, your doing more than 98% of Americans!

You keep writing and there is no doubt you will influence a great number of individuals.

I certainly hope your mantra of "its up to us to fix this" catches on!

All my best on getting your work published!

Regards, Lee

Tim,

That was a far better video than I expected.

Do you believe we will socialize medicine this time around?

Do you believe it will have the consequences outlined by RR if we do?

Tim,

When you print the money it's probably not a tuffy!

by Adam Quinones
Posted Mar 06 2009, 01:38 PM

DU Refi PlusTM

BORROWERS YOU DO NOT HAVE TO GO TO YOUR SERVICER FOR HELP!!!

(THE MEDIA IS NOT PUBLICIZING DU REFI PLUS)

Before reading allow me to explain how I went about composing this reference document....

Most of what you read in this commentary is copied directly from Fannie Mae Guidelines. I aggregated all the guidelines and announcements into one easy to read DU REFI PLUS resource. I have added commentary in some places and left the guidelines to speak for themselves in others. I will continue to add "Plain and Simple" explanations following reader questions. Enjoy...I hope this document is helpful!!!!

Fannie Mae Underwriting Guidelines (All Regs)

Fannie Mae Announcement 09-04

Fannie Mae Home Affordable Refinance FAQ

DU Version 7.1 May Release Notes

DU Version 7.1 April Release Notes

The Making Home Affordable program announced by the Department of the Treasury on March 4, 2009, includes a new initiative - Home Affordable Refinance - to provide refinance opportunities to borrowers with mortgages held or guaranteed by Fannie Mae.

The originating lender does not need to be the current servicer of the existing mortgage. Fannie will allow direct lenders and mortgage brokers to assist!!!

Note to Borrowers: although Fannie Mae has allowed bankers and mortgage brokers to participate in this program it does not mean that lenders will actually offer this program. For instance if your lender sells to Freddie Mac this program will not be available.

Full Article:

http://www.mortgagenewsdaily.com/mortgage_rates/blog/58271.aspx

Tim,

You got my sig!

Truth is no one knows whats going to happen.

There is the it's going to be bad group and the it's going to be worse group either way things don't look good!

Oh and there is the majority of "sheeple" who don't have a clue!
Baa entitled Baa!

I see Mutton on the menu!

Looks like drops!

Richard,

I'm going with about four years.