Over the years, Fannie Mae has purchased mortgage loans involving community land trusts, properties with resale restrictions, and Community Seconds® with a subsidized sales price. However, because these transactions use an alternative LTV ratio determination, Fannie Mae required that they be manually underwritten and using Desktop Underwriter® (DU®) was not an option....(
read more)
from Around The Web http://ift.tt/1VLLGbc
via
IFTTT
No comments:
Post a Comment