Fannie Mae to tighten lending standards
Posted in Mortgages on Nov 27th, 2009
So mortgage lending is going down, and the solution? Lets make it more difficult for borrowers to qualify, that will spike the economy. —————————————– WASHINGTON, Nov. 26 (UPI) — Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans more crackdowns next month to further tighten lending practices. U.S. officials say the [...]