1 Articles match "Cleveland","Guideline","Sales"

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New York Versus Freddie Mac: Round One
You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Had the new law been on the books last year, it would have affected very few of the NY mortgages we purchased.” Also, German says that under Freddie Mac guidelines the company has not bought “high cost loans” in New York state since 2003. New York Versus Freddie Mac: Round One By Peter G. Miller  
www.realtytrac.com - Tuesday, February 3, 2009
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  • New York Versus Freddie Mac: Round One
    You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Had the new law been on the books last year, it would have affected very few of the NY mortgages we purchased.” Also, German says that under Freddie Mac guidelines the company has not bought “high cost loans” in New York state since 2003. New York Versus Freddie Mac: Round One By Peter G. Miller  
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE