We are close to half way through 2009 and we have seen rates lower than they have been in a long time. Many homeowners have been able to take advantage of rates in the 4% range. Lenders are busy again all over the country. The concerns for refinancing today are different than those of previous refinance booms. The number one [...]
Entries from May 2009
Your Favorite Lender in Half the Time
May 17th, 2009 · No Comments
Tags: Bank Facts · Mortgage Rates
Fannie and Freddie Implement New Appraisal Requirements
May 3rd, 2009 · No Comments
Starting May 1st, Fannie Mae and Freddie Mac will be implementing a new Home Value Code of Conduct (HVCC) policy on all appraisals. Back on March 3rd, 2008 Fannie Mae announced that it had entered into an agreement with the Office of Federal Housing Enterprise Oversight (OFHEO) and the New York Attorney General adopting the HVCC. The HVCC [...]
Tags: Bank Facts · Investment Mortgage Financing · Investment Property General · Mortgage Financing
