Friday, May 30, 2008

Fannie Mae Tightens the Belt..





Fannie Mae Cheat sheet : New Guidelines Start Monday, June 2, 2008
Posted: Fri, 30 May 2008 06:40:00 -0500
This weekend, Fannie Mae is overhauling its mortgage approval system. Earning an "Approve/Eligible" is going to be decidedly tougher than in the past. For home buyers that have been in the market since January, this is not news; Fannie has been steadily trimming its serviceable market. Its changes...Read the full post at http://www.themortgagereports.com/
If you read the previous post you will see a great alternative.