Joe's Blog
Generally speaking this blog will deal with mortgages and the mortgage market. As I am in Florida and only originate mortgages in Florida, that will be the main topic discussed.
ARCHIVED BLOG POSTS
2008
13
Comments
Fannie Mae recently revised their declining markets policy. In a nutshell, their terms are: Maximum 97% Loan to Value (LTV) on conventional/conforming loans regardless of the market with their proprietary Desktop Underwriter (DU)/Automated Approval, and 95% LTV maximum financing if the loan is u...
07/11/2008
Generally speaking this blog will deal with mortgages and the mortgage market. As I am in Florida and only originate mortgages in Florida, that will be the main topic discussed.