Comments on: Fannie Mae to tighten lending standards http://www.bostonreb.com/2009/11/fannie-mae-to-tighten-lending-standards/ Boston real estate, Boston condos, Boston luxury condos, Boston luxury real estate, Back Bay condos, Back Bay real estate, Back Bay luxury condos, Boston Back Bay condos Mon, 06 Feb 2012 05:38:19 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Jeff Persons http://www.bostonreb.com/2009/11/fannie-mae-to-tighten-lending-standards/comment-page-1/#comment-12723 Jeff Persons Fri, 27 Nov 2009 14:50:41 +0000 http://www.bostonreb.com/?p=25194#comment-12723 It would seem a bit late for tighten up credit standards. I feel the the banks in general will put the new regulations in place and proceed to get as much mortgage money as possible out there to the home buyers. What convinces me of this? Nothing makes banks move faster than greed and with the fed rate so low, the profit margin to too large for banks to ignore. I would look for them to be more cooperative in the spring of 2010. It would seem a bit late for tighten up credit standards. I feel the the banks in general will put the new regulations in place and proceed to get as much mortgage money as possible out there to the home buyers. What convinces me of this? Nothing makes banks move faster than greed and with the fed rate so low, the profit margin to too large for banks to ignore.
I would look for them to be more cooperative in the spring of 2010.

]]> By: anon2 http://www.bostonreb.com/2009/11/fannie-mae-to-tighten-lending-standards/comment-page-1/#comment-12710 anon2 Thu, 26 Nov 2009 16:57:41 +0000 http://www.bostonreb.com/?p=25194#comment-12710 Quote: "could surprise some prospective home buyers." Yeah, I am very surprised... that they are only doing this *now*! Quote: “could surprise some prospective home buyers.”

Yeah, I am very surprised… that they are only doing this *now*!

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