Special offer

The Condo Paradox, Distruction Of A Market Place

Mortgage and Lending with Gibraltar Private Bank & Trust


shocking Fannie Mae condo changesWould you be outraged if you found out that the Federal Government was taking actions that are slowing the pace of the recovery in the housing market?  Well it appears that is exactly what is going on.

While the Federal Government is pouring billions of tax payer dollars into the economy in an all effort to stabilize the housing and financial markets the recently nationalized Fannie Mae is tightening condominium lending standards.  These new standards make it more difficult to obtain financing for those who want to buy a new condo. 

Read the rest of this entry »


Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain in 2016!

     Much has changed since your last visit to ActiveRain.

      We encourage you to take a look at the "new" ActiveRain website!

Dec 08, 2016 07:41 PM