Donna Pacchini, of Pan American Mortgage has generously shared her knowledge and insights with us once again. Thank you Donna! First Fannie and Freddie: As EVERYONE knows by now, Fannie and Freddie were taken over by the Federal Government last Sunday. What does that mean? A couple of things that have become clear so far: … [Continue Reading]
Fannie and Freddie Bailout Official
September 8, 2008 By Leave a Comment
This week’s important news about the Fannie Mae and Freddie Mac bailout requires some lender expertise and further explanation. Donna Pacchini, of Pan American Mortgage, has been kind enough to share some of her insights with OC Real Estate Voice readers. Well, it happened. In case you haven’t heard the news, Fannie and Freddie were… [Continue Reading]
Orange County Market Recovery?
June 10, 2008 By Leave a Comment
One of the biggest speculations today is, ‘When is the real estate recovery?’ We can’t have an economic recovery without it. I got an email from a client and friend this morning. He and I have had some wonderful conversations about the market over the last couple years. As I was putting together an email… [Continue Reading]
FHA is a Major Player in Lending Again – And We’re Not Ready!
June 1, 2008 By Leave a Comment
It was not long ago, lending was easy, too easy. Did you need money? No. Did you need assests? No. Did you even need to prove you had income? No. So why do an FHA loan? We didn’t. Times have changed and there are limited options for first time buyers that aren’t coming away with a… [Continue Reading]
