Freddie Mac
May 16, 2008
Fannie Mae Relaxing Loan Downpayment Requirements
“We recognize that down payment assistance programs remain a viable tool for borrowers who can afford a mortgage long-term, but might need a little help getting started”
Fannie Mae, the nation's largest source of home financing, said on Friday it is lowering the amount of down payments required on mortgages it purchases in areas where home prices are falling. via BNET
Comments
Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.
| Topic | Updated | Last By | Comments |
|---|---|---|---|
| Mortgage rates drop below 6% | Oct 9 | West Valley ... | 2 |
| Obama, McCain have ties to Fannie, Freddie | Sep 30 | Bruce | 2 |
| U.S. bank takeovers boost global markets | Sep 28 | Art Santore | 1 |
| Housing giant dropped meeting with McCain advis... | Sep 28 | life long co... | 4 |
| Government may soon take over troubled mortgage... | Sep 28 | John | 18 |
| Bob Barr on Fannie/Freddie bailout; foreign policy | Sep 27 | HGH | 2 |
| Where is the government bailout for homeowners? | Sep 25 | Prospective Pax | 2 |
Sagittarius
Most Popular