Fannie Mae is making it harder for Maine Home Buyers

A new loan quality initiative from Fannie Mae is making it harder for Maine home buyers and refinancing homeowners everywhere to close on a mortgage. Beginning June 1, 2010, with all new applications, Fannie Mae wants lenders to verify that borrowers have not taken on new debt during the underwriting phase of the mortgage. IfContinue reading “Fannie Mae is making it harder for Maine Home Buyers”

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