Comments on: Here We Go Again With The Lending

By: fluj

fluj — Fri, 13 Nov 2009 19:58:30 +0000

So either it isn’t legitimate or there’s only one Fannie owned property in San Francisco. Yes, odd either way.

By: Misha Weidman

Misha Weidman — Fri, 13 Nov 2009 19:22:45 +0000

I think what’s interesting is that the property fluj mentions is the ONLY property that comes up in a search of San Francisco County at any price range.

By: fluj

fluj — Fri, 13 Nov 2009 17:14:15 +0000

I just used it, http://WWW.HOMEPATH.COM

There’s one property that qualifies and it’s on Gilman out in Bayview for 280K:

http://www.homepath.com/listingdetails.html?ms=&zip=&xs=&src_ref=&cno=075&pi=&mlsid=&bhi=&y=7&x=57&pa=&st=CA&bdi=&ci=san francisco&listingid=20039386

By: fluj

fluj — Fri, 13 Nov 2009 17:10:16 +0000

“the program has the clients using Fannie loans to buy foreclosed properties owned by Fannie,”

Did you guys read that part?

By: Tony Sena

Tony Sena — Fri, 13 Nov 2009 01:13:33 +0000

5 YR ARM’S AT ONLY 3.875%

Here we go again! Didn’t they learn anything from the mortgage melt down?

By: Financial Samurai

Financial Samurai — Thu, 12 Nov 2009 22:11:53 +0000

Wow, only 3.875% for a 5-yr ARM? Do super jumbos count, or is this only conforming?

Pls shoot me an email, b/c I’ve got tons of business for you if what you advertise is TRUE!