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houses: MORTGAGE WARNING! Pricing changes coming! Realtors this effects you as well!
- 11/27/07 05:07 AM
This will indeed suck for everyone! Be ready because it's coming, Fannie and Freddie are implementing this so, in order for the lenders to make these loans saleable, they will have to utilize these add ons.
IMPORTANT !!!!!!!
FannieMae and FreddieMac have recently issued changes to loan level pricing adjustments that will take effect for loans purchased in early in 2008, however our Investors for new locks will need to implement these changes well in advance of the FNMA/FHLMC purchase dates.
These pricing changes are for Conforming Loan Programs with the following terms only:
Pricing adjustments will apply to loans with terms … (5 comments)
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This will indeed suck for everyone! Be ready because it's coming, Fannie and Freddie are implementing this so, in order for the lenders to make these loans saleable, they will have to utilize these add ons.
;)
;)
