Skip Navigation
StreetEasy

Fannie Mae Tightens Mortgage Standards

Started by Brooks2
almost 14 years ago
Posts: 2970
Member since: Aug 2011
Discussion about
http://www.bloomberg.com/news/2012-08-22/fannie-mae-tightens-mortgage-standards-for-some-home-buyers.html
Response by Riversider
almost 14 years ago
Posts: 13573
Member since: Apr 2009

A borrower @ 97% LTV should not be given a refi without putting up additional equity or doing a cash-in refi. The higher rate is supposed to compensate the lender for taking on credit risk

Ignored comment. Unhide
Response by caonima
almost 14 years ago
Posts: 815
Member since: Apr 2010

those crooks created the bubble, and the bubble is still reaching new peaks today

Ignored comment. Unhide
Response by Brooks2
almost 14 years ago
Posts: 2970
Member since: Aug 2011

Slowly letting time air out

Ignored comment. Unhide
Response by Brooks2
almost 14 years ago
Posts: 2970
Member since: Aug 2011

The air out

Ignored comment. Unhide
Response by caonima
almost 14 years ago
Posts: 815
Member since: Apr 2010

but the crooks keep printing money, and destroying eur, thus the air got squeeze in again

Ignored comment. Unhide
Response by NYCMatt
almost 14 years ago
Posts: 7523
Member since: May 2009

Does anyone else the the irony of Fannie Mae, a miserable failure of an organization run by equally miserable "leaders", "tightening" standards?

Ignored comment. Unhide

Add Your Comment

Most popular

  1. the kids aren’t buying
    22 Comments
  2. Doorman Strike
    37 Comments
  3. Grocery store socialism
    72 Comments
  4. New website for The Burkhardt Group
    17 Comments
  5. Mamdani heading towards raising property taxes
    192 Comments