Connie Clark Phoenix/Scottsdale Area Real Estate

Fannie Mae and Freddie Mac have announced that in order to compensate for the high delinquency credit losses on FNMA and Freddie MAC loans, certain loans that close after December 31, 2007, will be re-priced to reflect the new risk-based pricing. The loans that will be effected all have loan to values (LTVs) that are ...