Fannie Mae raising lending guidelines - now requiring a 620 FICO

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Dude you’re about 6 years to0 late. Now you’re behaving like Standard & Poors. Speaking of which, why does anybody give a hoot what they think the credit worthiness of any entity is. Why aren’t they already out of business. Arthur Andersen was shut down for far less damage than that caused by Standard & Poors and it’s buddy Moody’s.

 

Read more about Fannie’s guidelines here:

http://www.dsnews.com/articles/fannie-mae-raises-lending-criteria-2009-09-28

 

 

-sunil

 

SUNIL SETHI REAL ESTATE

My Bio: http://sunilsethi.com/about_me.htm
Personal: http://www.sunilsethi.com  
LinkedIn: http://www.linkedin.com/in/fremontrealtor

CA DRE#: 01173766

 

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