Real estate blog entries tagged with bank owned property by Chris Goulart (All California Lending)

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Home : Blogs : Chris Goulart : Chris Goulart's Blog : Tag "bank owned property"

bank owned property: Fannie Mae & Freddie Mac Changes on the Horizon - 02/29/08 12:25 AM

If you have been paying attention to the recent news surrounding the economic stimulus package, you know that conforming loan limits are set to rise. Old limits of $417,000 are being changed on a county by county basis, based on the median home prices for that particular county. That is good news for the housing market, but more changes are on the horizon.
Just raising the conforming limit (the maximum loan amount Fannie Mae and Freddie Mac can purchase) is a good first step, but more needs to be done to get us out of the current housing crisis. An additional issue … (0 comments)

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Chris Goulart

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