Say ‘Goodbye’ to 95% Fannie/Freddie Loans. 10% Soon to be Required.

"At the time I was extremely concerned that there were only two mortgage insurance companies left who would insure to the Fannie/Freddie maximum loan-to-value ratio of 95%. Requiring an extra 5% down in the hardest hit states will take many potential buyers out of the market. This would be yet another blow to fragile markets around the nation. Fannie and Freddie are handling some 75% of all loans in the US now and even a seemingly slight tightening of guidelines can have devastating effects."