There are two major player in the lending industry right now, Freddie Mac and Fannie Mae, both of these companies are very important because they more or less dictate the rules and guidelines for lender and banks across the USA.
Freddie Mac recently released a guideline change – “We are revising our requirements for Investment [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
Impact of the Imminent Failure of Freddie Mac and Fannie Mae and the Decline in Availability of Rental Properties on Apartment Building Investors
by Ted Karsch | August 26, 2008The imminent failure of both Freddie Mac and Fannie Mae has already begun to have a detrimental impact on the larger US economy and the ability of home buyers to finance the purchase of a new home.
This is an unfortunate circumstance for many young families who may not be able to qualify for a mortgage [...]