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Refinancing, 125% LTV: Deja vu all over again!

By: Myles, July 1st, 2009

Fannie Mae and Freddie Mac to refinance for homeowners with 125% loan to value ratio. YOU READ IT RIGHT …. 

Deja vu all over again!! Read all the details at the Wall Street Journal.

  • The move lifts current 105% limit to aid more borrowers struggling to make payments.
  • GSEs to offer new 25 year mortgage for some refinances to accelerate debt payments.

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Posted in LTV, Fannie Mae and Freddie Mac, Fannie Mae | No Comments

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