Don’t Wait To Buy a Home. Really!

When it’s so cold outside that fire hoses freeze while putting out a fire, you know that this time of year real estate sales are, well, glacial.  It doesn’t matter if your seller lives in Hinsdale, Naperville or Lincoln Park, sometimes it’s…just…slow in the dead of winter. But you still tell your buyers that it’s [...]

Maximum Loan Amount for Freddie Mac Relief Refinance Mortgages

NOTE FROM MY INVESTORS: Determining the Maximum Loan Amount for Freddie Mac Relief Refinance Mortgages Correspondent lenders are reminded that Freddie Mac Relief Refinance Mortgages must have the proper maximum loan amount calculated to be eligible for purchase by the majority of mortgage investors. To assist correspondent lenders, attached is Freddie Mac’s worksheet for Determining the [...]

Brookfield Asset Management acquires Prudential Real Estate and Relocation Services

Last night Brookfield Asset Management announced the purchase of Prudential. Here is a copy of an early press release from Brookfield: Brookfield acquires Prudential Real Estate and Relocation Services Brookfield Residential Property Services, a Brookfield Asset Management (BAM) affiliate, announced that it has purchased Prudential Real Estate and Relocation Services, or PRERS, from Prudential Financial [...]