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Updated over 16 years ago on . Most recent reply

User Stats

86
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1
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Alex Aronson
  • Real Estate Investor
  • Memphis, TN
1
Votes |
86
Posts

8 mortgage limit from Fannie MAE/MAC

Alex Aronson
  • Real Estate Investor
  • Memphis, TN
Posted

At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of foreclosures on the market.

Does anyone else have the same sentiment or has heard similar from their REIA?

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