I first heard about all the fuss with Fannie Mae and Freddie Mac on Sunday while at Shaun McCloskey’s short sale bootcamp. Someone had mentioned it, after catching a glimpes of the news on a break. Now that I’m back in town I’ve done a little reading...
In case you missed it, a couple weeks back Freddie Mac announced guideline changes that will dramatically affect many residential real estate investors. As of August 1st, 2008 the following changes will officially go into effect: A borrower may not have more than four...
