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Updated almost 11 years ago on . Most recent reply

Will Barnard's profile image
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Will Barnard

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Will Barnard
Will Barnard
  • Developer
  • Santa Clarita, CA
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Private Lending & Conventional Mortgage Advice

Another Bubble on the Way?

Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorPosted

http://www.latimes.com/business/la-fi-fannie-fredd...

Read this article! Looks like Freddie/Fannie will be lowering down payment requirements as well as required Credit scores.

Great idea morons, let's give more credit to unworthy borrowers and not open it up to the worthy borrowers with proven track records, case in point, us pro RE investors! Unbelievable. I guess they will never learn their lesson of less than 8 years ago.

  • Will Barnard
  • Podcast Guest on Show #130
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    Hattie Dizmond
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    Hattie Dizmond
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    Hattie Dizmond
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    Replied

    @Will Barnard 

    Look at it this way...in about 5 or 6 years we should all be able to pick up dirt cheap properties on the MLS again!

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