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- Blue Moon blog - Beginning Credit Solvency
- Countdown to Credit Normalcy - CNBC video
- Blue Moon blog - GOV'T TAKEOVER!
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- ALERT! Freddie Mac Changes Investment Property Guidelines
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- Home Prices Drop Most in Areas with Long Commute 4/21/08, NPR
- Sunny Side of the Street 4/16/08, WSJ
- Magic Johnson Raised $1B for Co-founded Urban Investment
ALERT! Freddie Mac Changes Investment Property Guidelines
08/01/2008
"SELLING CHANGES
Second home Mortgages and Investment Property Mortgages
Investment Property Mortgages
We are revising our requirements for Investment Property Mortgages to reduce the number of financed properties in which a Borrower who owns more than one financed Investment Property may have an individual or joint ownership interest (including hte subject property) from 10 to four.
Because the ability to deliver Investment Property Mortgages to Freddie Mac when the Borrower owns more than one financed Investment Property is identified as a Discretionary Provision, this change applies to all Seller/Services effective August 1st, 2008, including Sellers with negotiated Master Agreements and/or Master Commitment Contracts."