Posted by Jim Hungerford on June 25, 2009 · Leave a Comment
The mortgage industry has decades of experience in lending money to individuals. Using this experience they have come up with guidelines that determine whether an applicant will qualify for a particular loan program (each program has different standards within the guidelines, but basically look at the same information). When reviewing (underwriting) your loan package, underwriters … Read more
Posted by Jim Hungerford on June 25, 2009 · Leave a Comment
Fannie Mae net yield saw a slight improvement from yesterday.
