As of June 1st, Fannie Mae is changing it controversial policy of requiring an additional 5% down payment for home in designated as being in a “declining market”. Back in January, Fannie Mae changed its lending guidelines which had a major impact on Ventura County home sellers and buyers. Ventura County was on Fannie Mae’s list [...]
Entries Tagged as 'Real Estate Financing'
Fannie Mae to Eliminate “Declining Market Policy”
May 21st, 2008 · No Comments · Real Estate, Real Estate Financing
Tags:Fannie Mae·loan limits·private mortgage insurance·Ventura Real Estate

