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3/24/2010

Fannie Mae program to sell Foreclosures unveiled

FANNIE MAE HOME PATH May 27th


• Up to 97% financing
• No appraisal required (they have it)
• No mortgage insurance (MI) is required !!!– although Fannie Mae-required price adjusters will apply
• Flexible mortgage terms – including fixed-rate, ARMs or the Interest-Only payment feature
• Variety of property types allowed including previously approved condominium projects
• Credit scores as low as 660 with 80% LTV

www.homepath.com lookup your target location for listings


Interest Rates up a little this morning
Stock market slips after a week of giddy gains, but Americans do
not run in to buy equities.

I believe some stocks are buys in pull back days- Apple Sealy
light durable goods and things teens buy

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