• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

How the Budget Sequester Directly Impacts the FHA

As the political showdown over the United States budget deficit continues with the early days of the sequestration, government agencies are beginning to asses the impact of the sudden spending cuts. The Department of Housing and Urban Development (HUD) is one of such entities, and the overall impact from the sequester could negatively affect the Federal Housing Administration (FHA) and contract the housing market recovery by about two percent. According to

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New York Fed for the breakdown in purchases of Mortgage Backed Securities – Agency MBS

Agency MBS Transaction Summary  agency MBS On September 13, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to begin purchasing additional agency MBS at a pace of $40 billion per month. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS

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Homes & Money Newsletter – 2nd Quarter 2012 – Christian Penner

Homes & Money Newsletter – 2nd Quarter 2012 – Christian Penner Follow Me On:             www.YourMortgageSolutionsNow.com 2nd Quarter Mortgage News Important Fed Meeting Ahead Christian Penner  License: NMLS#368289 Area Manager Mortgage Banker Phone: 561-373-0987 Fax: 561-277-2141 Christian@ChristianPenner.com With all the news about the economy and the potential concerns over future inflation, a big news item to watch is the Fed Meeting that will take place in June. Here’s what you need to know! What is it? The Federal Open Market Committee (FOMC) consists of the seven Governors of the

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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