Effective September 1st, Fannie Mae is stopping lenders from cutting appraised values of properties. This is in response to a large number of failed real estate transactions due to large scale appraisal cutting. Personally our firm had issues in late 2009 with 2 specific lenders who were cutting appraised values across the board affecting investor’s [...]
1-888-35-INVEST
1-888-354-6837Posts Tagged ‘Fannie Mae’
Fannie Mae to Stop Lenders from Cutting Appraised Values
Tuesday, July 27th, 2010Mortgage Standards Tighten in 2010
Thursday, May 6th, 2010The Federal Reserve says that financial markets “remain supportive of economic growth”. Residential mortgage guidelines, however, continue to tighten. If you’ve applied for a home loan recently, you probably felt it; extra scrutiny on income, assets and credit scores, among other things. The hard proof of the changes, however, can be found in the Federal Reserve’s quarterly survey of its member banks.
Latest Tweet
3835 Clemmer, Memphis, TN 38125: Bedrooms: 4 Bathrooms: 2.5Price: $84,900.00Description: Look no further! ... http://bit.ly/c9ZRE2 ^Ryan Hview tweet
Browse By Category
- Markets (1)
- Memphis (1)
- Home Appliances (1)
- Wall Street (1)
- FHA Mortgages (1)
- Jobs (1)
- Homebuyer Tax Credit (1)
- Housing Starts (1)
- Talking Real Estate (1)
- Mortgage Guidelines (1)
- Mortgage Rates (1)
- Certified Investment Homes (1)
- rents (1)
- Video (1)
- Charts (1)
- Lists (1)
- Events (1)
- Home Data Index (1)
- Lending (1)
- Mortgages and Lending (1)
- Investor Nation News (1)
- Cost of Living (1)
- Press (1)
- Homebuilders (2)
- Podcast (2)
- New Home Sales (3)
- Home Values (3)
- Pending Home Sales (3)
- foreclosures (3)
- Existing Home Sales (3)
- Investor Nation Press (4)
- Bigger Pockets Housing Column (4)
- Mortgage Bankers Association (5)
- Interest Rates (6)
- Mortgage Purchase Applications (6)
- Newsletter (7)
- Uncategorized (9)
- Memphis (9)
- investment homes (9)
- Investor Nation Happenings (11)
- Housing Market (19)
- Main Blog (62)