Fannie Mae/Freddie Mac Program Change - No more stated income loans.
The last day to submit a stated income/stated assets loan is April 14, 2008.
The last day to close a stated income/state assets loan is April 30, 2008.
If you have any borrowers looking for this type of loan, now is the time to get started; May is too late.
Wednesday, April 9, 2008
Good bye to the stated income loans
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