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Federal National Mortgage Association Message Board

  • leightondan365 leightondan365 Nov 18, 2013 1:07 PM Flag

    It is in part to mortgage shoppers going for a better deal at banks and not F&F of late...

    with only 5% down and mortgage insurance only until you reach 20% equity for now the banks may be winning over F&F. It makes sense that impact would start to show. F&F better come up with a better deal than all it's new harsher rules. Can't profit off of mortgage loans if you can't get any customers! Ackman well that is an outfit looking out for it's own. He's only gonna swim here as long as the water's fine but when he leaves there will be an undertow, watch out.

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