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 […]
Fannie Mae Gets Tougher on Borrowers Again
December 22nd, 2009 · Comments Off on Fannie Mae Gets Tougher on Borrowers Again
Tags: Real Estate