2009-02-06 — blownmortgage.com
" Because good rates don’t do any good when no one can qualify, Fannie Mae is relaxing underwriting standards to make it easier for homeowners to refinance (h/t Mortgage Insider). They’ll be loosening credit, appraisal and income requirements in order to open up the tight refi market."
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Comments:
mortgagemess at 00:24 2009-02-07 said:
Great..just open the flood gates to fraud..Fannie needs to make sure that there are no third party originations in this equation or else here we go again... Permalinkadd a comment | go to forum thread
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