Fannie Mae rolls out new mortgage guidelines Monday. Therefore, if you’re in the process of applying for a conforming home loan, consider giving your complete application by the close of business Friday.
All posts in category Mortgage Guidelines
Fannie Mae Guidelines Change Monday. Apply Today To Lock In To “Old” Rules.
Posted by Gayle Blonar on December 10, 2010
http://gayleblonarblog.com/2010/12/fannie-mae-guidelines-december-13-2010.html
Fed Survey : Mortgage Guidelines Tighten Further, Freeze Out Would-Be Refinancers
For the period July-September 2010, 52 of 54 responding loan officers admitted to tightening their prime guidelines, or leaving them “basically unchanged”.
Posted by Gayle Blonar on November 10, 2010
http://gayleblonarblog.com/2010/11/fed-loan-officer-survey-q3-2010.html
Fannie Mae Rolls Out New Lending Rules December 13, 2010
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines.
Posted by Gayle Blonar on October 7, 2010
http://gayleblonarblog.com/2010/10/fannie-mae-guidelines-december-2010.html
2011 Conforming Loan Limits : No Change From 2010
In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country’s conforming mortgage loan limit.
Posted by Gayle Blonar on October 6, 2010
http://gayleblonarblog.com/2010/10/conforming-loan-limits-2011.html
Bank Mortgage Lending Policies Appear To be Easing
According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.
Posted by Gayle Blonar on August 24, 2010
http://gayleblonarblog.com/2010/08/mortgage-guidelines-flat-q2.html