Fannie Mae released a new program, entitled HomePath, which allows homebuyers and investors to purchase foreclosed properties with little down payment, no appraisal, and a credit score of just 660. More details about this exciting new program can be found on our company blog: http://www.redesignproperties.com/blog/bid/42458/Los-Angeles-Fannie-Mae-Foreclosures-For-Only-3-Percent-Down