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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ild who wrote (25645)12/6/2004 9:16:55 PM
From: Elroy Jetson of 306849
 
Of course Fannie Mae's reporting of "investor" real estate loans is grossly under-reported, perhaps as much as four-fold.

Everyone in real estate knows many owners of a rented homes or a four-plex who tell their tenant to

"call me when the documents for my new loan arrive in your mailbox".

It's really surprising that Fannie Mae reports and investors loans at all. Apparently the world does contain some relatively honest people.

.
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