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Fannie Mae Gets Tougher on Borrowers Again

December 22nd, 2009 · Comments Off on Fannie Mae Gets Tougher on Borrowers Again

Fannie Mae raised the bar for mortgage applicants this past weekend.  Getting approved for a home loan just got harder, as if loan liquidity weren’t already the biggest problem facing home buyers. In its official announcement, Fannie Mae says the updates minimize long-term lending risks.  If that’s the case, this won’t be the last guideline […]

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Tags: Real Estate