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New Decision by Fannie Mae

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Services for Real Estate Pros with HomePointe

 

Fannie Mae will not allow new mortgages for 7 years for those that have walked away from their payments and did not try to work it out with their servers and were able to make payment.

 

What are some thoughts on this?

 

 

 

 

 

 

Alexandra Machado

www.HomePointe.com

HomePointe Property Management

Comments(1)

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Robert Machado
HomePointe Property Management, CRMC - Sacramento, CA
CPM MPM - Property Manager and Property Management

People may still be able to get conventional loans I suspect.  Best to pay your mortgage if you can.  There is a lot a damage and more to come out there.

Jun 27, 2010 04:20 AM