theFrontSteps – San Francisco

Real Estate, Insight, Statistics, Gossip, & News…With a Twist and Some Flavor

Entries Tagged ‘Fannie Mae’

Here We Go Again With The Lending

Intercepted from inter-office emails: Great News, We are now offering Fannie’s new HomePath loan program! Let your clients know these improved loan terms to generate new business. Essentially, the program has the clients using Fannie loans to buy foreclosed properties owned by Fannie, therefore Fannie gives improved loan terms to the buyer. PROGRAM HIGHLIGHTS: -97% [...]

Condominium Lending Gets Tougher And Tougher

We stand by our claim that it is a great time to be a buyer and a great time to buy (there is a difference), but we did also say “there are a multitude of hurdles you will face with regards to financing”, and this change in Fannie’s Condominium lending is surely one of them, [...]