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Wednesday, November 24, 2010

JPM Chase vs FDIC over WaMu Garbage. Freddie Mac Raises Rate Fees and Downpayment Requirements, Condo Associations Getting Impatient With Banks

Here are a few quick updates on signs of more turbulence and change in the housing market. These types of issues will soon find their way to Portland's ice cold housing market as well:

  • JPM Chase accused of re-writing history by the FDIC and some analysis on the topic

  • Freddie Mac now requires 25% down payment to avoid PMI, and a must read analysis Are Rates Hitting Bottom?

  • Condo Associations are losing their patience with banks delaying foreclosure

Posted by MontyB503 at 7:32 AM

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