I noticed this article is still indicating that Fannie and Freddie are gong through with the new appraisal changes that will drastically change the way we do business now.
"U.S. moves to insulate appraisers from pressure to cook the numbers"
http://www.signonsandiego.com/news/business/20080504-9999-1h04appraise.html
Good article from the Washington Post summarizing all the new changes. It doesn't mention that next month DU will be tightening up.
"Restrictions Are the Rule For All Sorts of Once-Easy Credit"
http://www.washingtonpost.com/wpdyn/content/article/2008/05/02/AR2008050201690.html
This was an article in the Los Angeles Times, that can help consumers understand the importance of good credit scores. You may want to share it with your customers
"Credit score still vital to qualifying for a mortgage"
http://www.latimes.com/business/la-re-lew4-2008may04,0,1879708.story
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