Ventura County Real Estate Journal

News and Views on Real Estate Issues in Ventura County

Ventura County Real Estate Journal header image 4

Entries Tagged as 'loan limits'

Fannie Mae to Eliminate “Declining Market Policy”

May 21st, 2008 · 1 Comment · Real Estate, Real Estate Financing

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 [...]

[Read more →]

Tags:···