1 Articles match "Bank Owned","Finance","Maine"

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Fannie Mae Toughens Foreclosure Guidelines
As one of the two main Government Sponsored Enterprises (GSEs) in this country — the other is Freddie Mac — Fannie announced new guidelines that will effect the loans it buys from lenders all over the country, securitizes and then sells to Wall Street investors. For real estate professionals, these new guidelines will most likely make it harder for their clients to obtain financing for that bargain property they’re looking to purchase, whether a property in foreclosure, a bank-owned property or even a conventional listing selling at a reduced price. Posted
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Fannie Mae Toughens Foreclosure Guidelines
    As one of the two main Government Sponsored Enterprises (GSEs) in this country — the other is Freddie Mac — Fannie announced new guidelines that will effect the loans it buys from lenders all over the country, securitizes and then sells to Wall Street investors. For real estate professionals, these new guidelines will most likely make it harder for their clients to obtain financing for that bargain property they’re looking to purchase, whether a property in foreclosure, a bank-owned property or even a conventional listing selling at a reduced price. Posted
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE