Mar 16 2009
Fannie, Freddie to Include Investment Homes in Refinance Program
The following is an article by Kenneth Harney published in the San Francisco Chronicle on 3/15. In it, Mr. Harney tells us that the broad refinance program to allow owners to lower payments and avoid foreclosure, will include investment homes (SFHs) that have loans that are on Freddie or Fannie’s existing portfolios. Mr. Harney also [...]
Feb 6 2009
Fannie Mae to the Rescue! Fannie Mae to Up Limit on Multiple Mortgages to Same Investor
This is hot off the presses: directly from Fannie Mae’s website.
Apparently Fannie Mae has reconsidered the loan limit for investors. I wonder if everyone’s efforts made a difference.
Fannie Mae will allow investors to hold 5-10 mortgages and still get Fannie Mae backed loans. This apparently will start as of 3/1/2009 and will be announced on [...]
