This week’s important news about the Fannie Mae and Freddie Mac bailout requires some lender expertise and further explanation. Donna Pacchini, of Pan American Mortgage, has been kind enough to share some of her insights with OC Real Estate Voice readers. Well, it happened. In case you haven’t heard the news, Fannie and Freddie were [...]
FHA is a Major Player in Lending Again – And We’re Not Ready!
June 1, 2008 By Leave a Comment
It was not long ago, lending was easy, too easy. Did you need money? No. Did you need assests? No. Did you even need to prove you had income? No. So why do an FHA loan? We didn’t. Times have changed and there are limited options for first time buyers that aren’t coming away with a [...]
