Friday, June 25, 2010

Fannie Mae Crack Down

Walk away from a Fannie loan and you can pay? Sorry, no Fannie loan for the next seven years. If someone is smart enough and has the gumption to walk from a Fannie loan, one would think they are smart enough to find financing elsewhere. Wasn’t too long ago where people were hung for stealing another’s horse. My how times have changed.

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