Aside from writing letters to your congressman,
there is very little that can be done. Since lenders have few choices but to sell their loans on the secondary market to Fannie Mae and Freddie Mac,
they are stuck following their guidelines for the time being.
If you are considering a purchase or refinance loan and have 4 or more financed properties, we strongly recommend starting the process immediately--ZT.
Due to these guideline changes it is likely that the industry will see an increase in turn times and additional lay-offs by lenders nationwide.
This means that it is possible to see longer underwriting times and stricter conditions.
What can be done about these changes?
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这规则好像是为芦苇MM定做的。本来大家都想向芦苇MM学,
-大丫-
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05/23/2008 postreply
10:15:37
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完了。。。以后买不了了 :-(
-芦苇葱葱-
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05/23/2008 postreply
10:25:55
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You can still qualify via Fannie Mae, act quickly! before
-miat42-
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05/23/2008 postreply
10:28:58
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俺没打算买新的,有的应该做refinance了
-芦苇葱葱-
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05/23/2008 postreply
10:31:02
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还可以利用规则的漏洞嘛。卖了小房换大房。或者跟石头学,
-大丫-
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05/23/2008 postreply
10:29:20
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nod nod
-芦苇葱葱-
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05/23/2008 postreply
10:31:43