Fannie Mae and Freddie Mac took a lot of money from U.S. taxpayers during the Great Recession, but now they’re giving it back. The two mortgage giants are again reporting record profits this quarter. Fannie Mae (FNMA), the larger of the two, reported an $8.1 billion pretax profit, the largest quarterly pretax income in the company’s history. Meanwhile, Freddie Mac (FMCC) took in $4.6 billion, the second largest in its history.
5 home selling mistakes with Team Thayer 1. Trying to sell your home yourself In this DIY era, the urge to try to sell your home yourself to save money can beckon like the smell of oven-fresh cookies at an open house. Resist. Working with a licensed agent helps ensure you’re not leaving money on the table as a result of an off-target listing price or a mistake in the many steps that lead to a final sale. Sell your sofa yourself online. List your home with a professional. 2. Picking the wrong Realtor Not all agents are equal. Just because your college buddy dabbles in the industry doesn't mean he’s the best guy to sell your home. You want experience. You want to work with an agent who has a depth of knowledge. Invite your buddy to the house-warming party. Find an agent who can truly perform. Do you research. Top Home Sales Mistakes 3. Pricing your home too high Sometimes it’s good to aim high. But when you’re setting a price for your home, it’s better to b