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Updated over 10 years ago on . Most recent reply
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Another Bubble on the Way?
http://www.latimes.com/business/la-fi-fannie-fredd...
Read this article! Looks like Freddie/Fannie will be lowering down payment requirements as well as required Credit scores.
Great idea morons, let's give more credit to unworthy borrowers and not open it up to the worthy borrowers with proven track records, case in point, us pro RE investors! Unbelievable. I guess they will never learn their lesson of less than 8 years ago.
Most Popular Reply
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Look at it this way...in about 5 or 6 years we should all be able to pick up dirt cheap properties on the MLS again!