Wealth Coach William R. Patterson - Baronseries.com

Economic Impact of Fannie Mae and Freddie Mac Takeover - Wealth Coach William R. Patterson

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Sinopsis

Wealth coach and best-selling author William R. Patterson appears on CBS Radio Talk 1580 to discuss how the government takeover of Fannie Mae and Freddie Mac will affect investors and home buyers. For more information visit, http://www.baronseries.com/coaching.htm. Show topics: (1) How the government takeover of Fannie Mae and Freddie Mac will affect investors and home buyers (2) States hardest hit by nation-wide foreclosure crisis and the historic opportunities for investors (3) Home prices have dropped more than 14 percent on average and substantially more in many major metropolitan areas (4) Number of American homeowners with late mortgages or homes in foreclosure hits record high of 9 percent (5) Number of American homeowners with subprime Adjustable Rate Mortgages (ARM) in default hits record high of 21 percent (6) The benefits and risks of reverse mortgages