Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.
Tag Archive: Fannie Mae
Fannie Mae Rolls Out New Lending Rules December 13, 2010
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines.
Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.
Fannie Mae’s Loan Quality Initiative : Repulling Your Credit Just Before Closing
A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage.
Florida Mortgage Update: 1 In 8 Banks Tightened Prime Mortgage Standards Last Quarter
The Federal Reserve says that financial markets “remain supportive of economic growth”. Residential Florida mortgage guidelines, however, continue to tighten.
Fannie Mae Tightens Guidelines On ARMs And Interest Only Products
For the first time this year, Fannie Mae announced significant updates to its mortgage underwriting guidelines. The changes include newer, harsher ARM qualification standards, the elimination of a once-popular loan product, and tighter rules for interest only mortgages.
Fannie Mae Update: Getting Aproved for Florida Mortgages Just Got Harder
Florida mortgage borrowers be aware – Fannie Mae just tightened lending restrictions, again.
A Closer Look at the Making Home Affordable Modification Program
The Florida mortgage landscape may shift a bit here shortly as the Obama’s home affordable modification program, titled “Making Home Affordable,” sets to take hold on April 4, 2009.
The Making Home Affordable Refinance and Modification Program – Are You Eligible?
TweetFlorida is dealing with a record number of foreclosures, and many homeowners are looking to the Making Home Affordable Refinance and Loan Modification program as a way to help them avoid this fate. When the program was first announced in February, it had two main objectives: To help financially-needy homeowners get mortgage relief To…
Winter Haven, Florida: Fannie Mae Rolls Back its 4 Financed Property Limit
TweetMonday was a great day for me, namely – because I was able to share some good news with a client who was looking to refinance several rental properties here in Winter Haven, Florida but was unable due to Fannie Mae‘s previous 4 investment property limit. This all changed last Friday, however -as Fannie Mae…
