Fannie, Freddie to hike mortgage guarantee

Posted on Sep 1, 2012 in Unique Loan Programs

Question by MissFixIt7: When can one apply for a FHA loan after a foreclosure?
I foreclosed on a home about 3 years ago. When can I apply for a FHA loan?

Best answer:

Answer by ? Bunky ?
It is usually 7-10 years before anyone will give you a loan after a foreclosure.

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Fannie, cheap Freddie to hike mortgage guarantee
The adjustments to the guarantee fee pricing “represent a step toward encouraging greater participation in the mortgage market by private firms, and ” said DeMarco in a statement. Matthew Jozoff, ask an analyst at J.P. Morgan Chase &amp Co., said that the increase …
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FHA, Purchase Activity Tumbles
On June 9, 2010, a programming glitch was identified that triggered the Mortgage Market place Index itself to reflect data that was a single week old. The glitch impacted reports issued from April 14, 2010, to June 2, 2010. The reports have been revised to reflect …
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