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Real Estate: Fannie Mae Loans Will Be Tougher to Get for Investors
Episode 1034
Published 5 years ago
Description
New risk reduction policies at Fannie Mae could make it harder to get loans for single-family second homes and investment properties. The GSE sent letters to lenders saying it will impose a new 7% limit on the acceptance of those kinds of loans. Fannie is currently accepting a higher percentage. So what does that mean for investors?