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Fannie Mae and Freddie Mac Raising Mortgage Guarantee Fees

Fannie Mae and Freddie Mac, the two government backed mortgage lending giants have announced that they will be raising loan guarantee fees by an average of 10 points or one-tenth of a percent starting March 2014, according to several news reports. The move comes in an effort to allow private lenders compete in the housing loan market.

LA Lakers Owner Jerry Buss’s California Mansion up for Grabs at $5.95 Million

The California home of Jerry Buss, the deceased dynamic owner of the famous NBA team ‘LA Lakers’ has reportedly come up on the open listing market for $5.95 million, according to some news reports.

One Republic’s Ryan Tedder Buys in Venice for $2.8 Million

Ryan Tedder, founder of the popular rock band ‘One Republic’ has reportedly purchased a residence in Venice, California, for $2.8 million, according to several news reports.