Brenda A. Hard-Wilson joined Mackie Wolf Zientz & Mann, P.C. in July 2012. She is currently an Associate Attorney in the Home Equity Foreclosure Department. Prior to joining MWZM, she worked with Fannie Mae as an agent of the United States Treasury under the Making Home Affordable Program.
In 1997, Texas became the last state in the nation to adopt home equity lending with an amendment to the state constitution. In the event borrowers default on the loan, the lien may be foreclosed upon only by court order.
Brickman takes to helm of one of the largest mortgage companies in the U.S. today, and while times at the government-sponsored enterprise are filled with uncertainty, Brickman sees nothing but excitement for the future of Freddie Mac.
When buying a home, many Americans consider a 20% down payment to be the norm, the ideal amount of money to put down to get a conventional mortgage with no private mortgage insurance and to keep monthly payments reasonably affordable.