For those of you old enough to remember, the title of this piece is an adaptation of President Ronald Reagan’s Brandenburg Gate speech in West Berlin, Germany, in which he said “Mr. Gorbachev, tear down this wall!” The wall in question was the Berlin Wall. Here is an excerpt, compliments of Wikipedia:
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.