|
Fannie Mae Announcement 08-06, March 24, 2008
Declining Market Exceptions and Clarifications
If you have a 95% LTV in a declining market, you don't have to reduce the LTV!! A few positive revisions for a change! But before I cover them, I will address the burning question: How does Fannie Mae, or any of the lenders, determine whether or not the property is in a declining market?
Read More
|