Trump Declares June National Homeownership Month

* Attend our June monthly meeting to learn more about "Taxes in a Trump World". We will have Tracey Wilson, Vice President of IPX1031, speaking to attendees about personal & corporate tax changes and why understanding the tax implications on your financial decisions is so important. Click on your city below for full meeting details:…

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Freddie Mac to Pay U.S. $4.5 Billion After Reporting Profit

(BLOOMBERG) - Freddie Mac will send $4.5 billion to the U.S. Treasury in March as the mortgage-finance giant continues to prepare for the possibility of having zero capital by next year. The company earned $4.8 billion in the fourth quarter, compared with $2.2 billion in the same period a year earlier, according to a regulatory…

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Not A Minute Too Soon: Trump Reverses Obama FHA Policy

Last week, we posted a story about the Obama administration reducing the Federal Housing Administration’s (FHA) annual mortgage insurance premiums to 0.60 percent. This reduction was popular with first-time home or low-income borrowers, as it would have resulted in an average of $500 in savings for them. Shortly after the inauguration, the Trump administration quickly…

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