More than 80% LTV loans are harder to get now.

Fannie Mae and Freddie Mac's ability to purchase loans from lenders
is being hampered by private mortgage insurance companies - so says
the GSE's regulator.

The mortgage insurers have tighter standards than Fannie and Freddie,
particularly in distressed housing markets. "If someone wants more
than an 80% LTV mortgage they have to go FHA," Federal Housing
Finance Agency director James Lockhart told NMN bureau chief Brian
Collins. Mr. Lockhart added, "That's why the Federal Housing
Administration's loan volume is increasing so dramatically."

所有跟帖： 

• Is it ok to have 80% for 1st loan to meet 80% LTV and 10% for 2n -司里肯外力- ♂ (0 bytes) () 12/14/2008 postreply 00:25:51

• That's ok if you can get another 10%. -CALoanAgent- ♂ (230 bytes) () 12/14/2008 postreply 08:40:27