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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ild who wrote (7762)1/3/2003 1:46:26 AM
From: Elroy JetsonRead Replies (1) of 306849
 
How are loan originators going to deal with Fannie and Freddie having different rates and charges?

Each loan Lenders offer is written to a specific program.

But with a maximum loan of $322,700 for 2003, Fannie Mae has a relatively small impact in California. Most loans here are written to Jumbo specifications for those CMOs which buy them.
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