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Radical Transparency for the Mortgage and Real Estate Industries
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Fannie Mae Releases New Mortgage Qualification Guidelines

Started by JeffX · 1 ano atrás

Flush with new cash to buy up Mortgage Backed Securities, Fannie Mae has released new guidelines when it comes to credit score, LTV and prior foreclosure standards for borrowers.  While my presumptive thought was that they would tighten the screws across the board, Fannie is actually expanding approval criteria in certain instances.

As stated, ... Continue reading »

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