Thursday, May 7, 2015

GSE Status; Comments on CFPB's Recent Study; Fraud Investigator Accused of Fraud

Hot news from AZ Home Help:

Posted To: Pipeline Press

For aging LOs and real estate agents, a report by Genworth Financial finds the median bill for 1 year in a nursing home is now $91,250 vs. $87,600 one year prior, but that costs vary widely by state. The highest was AK at $281,415, but was only $60,225 in OK. Meanwhile, the median cost of an assisted-living facility was $43,200 and 1 year of visits from home health aides was $45,760. Fannie Mae had a good first quarter and announced it will pay the Treasury Department $1.8 billion after reporting net income of $1.9 billion for the first quarter. (Kind of like a kid earning money mowing lawns and then having to give it all to his parents who in turn give him a pat on the head?) Fannie will have returned $138.2 billion to the federal government after it makes the payment next month, according...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/05072015-realtor-jokes-training.aspx

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