Approved Freddie Mac sellers were advised of new cashout guidelines for properties that were recently acquired for cash. The secondary lender additionally updated its appraisal requirements. Freddie covered the updates in a bulletin to approved sellers. View full post on Mortgage Stories
Posts Tagged ‘Cashout’
More Business Management Tips:
Ready to Apply? Find Lenders Looking for New Deals
Business Tips & News:
Freddie Revises Cashout, Appraisal Requirements
December 18th, 2011 
davidguide 
Posted in Business Loans 
Tags: Appraisal, appraisal requirements, Approved, Cashout, freddie mac, freddie mac sellers, Mac, Mortgage, post, secondary lender, View 
Comments OffRefis Surge
May 8th, 2011 davidguide A 15 percent jump in refinance inquiries from last week was noted in the Mortgage Market Index . Refinance share rose to 47 percent from 45 percent. This week’s share reflected a 34 percent rate-term share and a 13 percent cashout share. View full post on Mortgage Stories
Posted in Business Loans Tags: Cashout, inquiries, Jump, market index, mortgage market, percent, post, Refis, surge, term share Comments OffCA Program Expanded to Cashout Loans
April 6th, 2011 davidguide The California Housing Finance Agency announced that it would loosen eligibility requirements for the Keep Your Home California initiative. Among the enhancements is allowing borrowers who had cashout refinances to now receive some help. The state is also expanding eligibility to include mortgages originated after Jan. 1, 2009. View full post on Mortgage Stories
Posted in Business Loans Tags: California, california housing finance agency, california initiative, Cashout, finance, home, Housing, housing finance agency, post, refinances, State Comments Off
