10.6.14

Contents

Cover Story

What does it mean if your buyer wants to buy, but can’t put 20 percent down? What if they’re making a purchase after bankruptcy? And why do lenders make such a big deal about personal property on my contracts? Chicagoland-area lenders answer agents’ top questions about what you need to know when it comes to these topics, as well as other key aspects of the mortgage market in our cover story here.

Also:

• 5 Key Details About the FHFA’s Plan to Reform Fannie Mae & Freddie Mac
• What’s Happening With Interest Rates?

Editor’s Note

• The Lending Scene

News

• Number of Mortgages at a Six-Year High
• 414,000 Home Sales Lost in 2014 to Student Debt

Agent Snapshot

• Brian Jessen, Senior Vice President, Guaranteed Rate, Northbrook

Agent X

• I’m in the Money

The Scene

• WCR’s 5th Annual “Are You Man Enough To Join?” Event

My Style

• Maria Kennedy, Mortgage Consultant, A and N Mortgage Services, Inc., Lincoln Park