Tuesday, August 12, 2008

Mortgage, Freddie Mac and VA News

What is happening today in mortgage lending:
In Their Various Ways, Economists Try to Find Right Price for a Home
http://www.nytimes.com/2008/08/09/business/economy/09bargain.html?pagewanted=2&_r=1&th&emc=th&adxnnlx=1218283523-kO8PE%20JviDXyBthi5FCs%20w

Freddie Mac News
" With this Single-Family Seller/Servicer Guide (Guide) Bulletin, we are announcing that Freddie Mac will not purchase New York Mortgages that fall within that State’s definition of "subprime home loans
http://freddiemac.com/sell/guide/bulletins/pdf/bll081208.pdf

VA News
VA issues circular 26-08-13 ACCESS TO VACANT PROPERTIES FOR LIQUIDATION APPRAISALS http://www.homeloans.va.gov/circulars/26_08_13.pdf

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