WHAT IS A "SAFE" MORTGAGE?

By
Real Estate Agent with Heritage Oak Properties 01367027

WHAT IS A SAFE MORTGAGE?

The Federal Deposit Insurance Corp. has announced that it will soon announce rules defining exactly what constitutes a SAFE mortgage.  The new rules are likely to have a major impact on the home loan market. 

Select this link to read the Dow Jones Newswire story:

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201103221457dowjonesdjonline000346&title=fdic-to-consider-rules-defining-safemortgages

 

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California El Dorado County Fair Play
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safe mortgage

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Mike West

El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
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