Friday, January 20, 2012
Fannie Mae and Freddie Mac CEOs facing pay cuts
In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including the numbers for increased mortgage applications and decreased fixed mortgage rates, the increase in builder confidence, Dataquick's December numbers for sales, the increase in non-seasonal home vacancies, the pay cuts for the new Fannie and Freddie CEOs, new principle write-downs on mortgages, and much more. He also discusses upcoming events including the the radio show with Robert Kleinhenz, the Investors Workshops with Shawn O'Toole, our upcoming REO Bootcamp, and the Advanced Investing Skills and Strategies for Quadrant 2.5. For full stories, go to http://www.thenorrisgroup.com/blog/category/news/.