Freddie Has Followed Fannie with Higher Fees for High-Risk Mortgages - LTV Charts Easier to Use!

The January 2009 date is entirely misleading. Realistically, Freddie is giving absolutely NO notice; lenders must change their fees/LTVs immediately in order to deliver the closed and funded loan to Freddie by 1-2-09. PLUS the LTV Reductions – are NOT yet incorporated into LP. It’s a scary prospect, but they must be implemented manually. LTV Chart For Subscribers.

(Freddie Mac Bulletin, October 17, 2008)

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