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	<title>WelcomeHomeNWI.com &#187; Fannie Mae</title>
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	<description>Your Home for Real Estate and Mortgage News for the Best Home Communities in Northwest Indiana</description>
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		<title>How Long Is The Wait to Buy a Home After Derogatory Credit</title>
		<link>http://welcomehomenwi.com/2011/05/how-long-is-the-wait-to-buy-a-home-after-derogatory-credit.html</link>
		<comments>http://welcomehomenwi.com/2011/05/how-long-is-the-wait-to-buy-a-home-after-derogatory-credit.html#comments</comments>
		<pubDate>Thu, 26 May 2011 00:05:19 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FHA Mortgages]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Credit]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=5250</guid>
		<description><![CDATA[With the down turn in the economy over the past several years coupled with high unemployment, many good borrowers have been forced to make difficult decisions on which bills to pay. Generically speaking, paying the mortgage should alwys take number one priority. That is not always feasible unfortunately. For those homeowners who were foreclosed, walked away [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Higher Home Loan Fees from Fannie Mae and Freddie Mac</title>
		<link>http://welcomehomenwi.com/2011/04/higher-home-loan-fees-from-fannie-mae-and-freddie-mac.html</link>
		<comments>http://welcomehomenwi.com/2011/04/higher-home-loan-fees-from-fannie-mae-and-freddie-mac.html#comments</comments>
		<pubDate>Thu, 14 Apr 2011 22:07:27 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=4913</guid>
		<description><![CDATA[Do you have less than 25 percent as a down payment for your next home purchase in Northwest Indiana? Do you need a home loan term longer than fifteen years? Is your FICO credit score less than exceptional? If you answered yes to these questions, you will soon be paying even more to get a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae Interest Only Mortgage Guidelines Set to Change</title>
		<link>http://welcomehomenwi.com/2010/06/fannie-mae-interest-only-mortgage-guidelines-set-to-change.html</link>
		<comments>http://welcomehomenwi.com/2010/06/fannie-mae-interest-only-mortgage-guidelines-set-to-change.html#comments</comments>
		<pubDate>Wed, 16 Jun 2010 12:54:53 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Interest Only Mortgage]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2162</guid>
		<description><![CDATA[If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18.  Starting next week, Fannie Mae is clamping down on the popular loan product.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Oops! Fannie Mae Did It Again &#8211; Set to Tighten Guidelines</title>
		<link>http://welcomehomenwi.com/2010/05/oops-fannie-mae-did-it-again-set-to-tighten-guidelines.html</link>
		<comments>http://welcomehomenwi.com/2010/05/oops-fannie-mae-did-it-again-set-to-tighten-guidelines.html#comments</comments>
		<pubDate>Tue, 04 May 2010 13:00:28 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage Guidelines]]></category>
		<category><![CDATA[Interest Only]]></category>

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		<description><![CDATA[For the first time this year, Fannie Mae announced significant updates to its mortgage underwriting guidelines. The changes include newer, harsher ARM qualification standards, the elimination of a once-popular loan product, and tighter rules for interest only mortgages.  ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae Gets Tough(er) On Borrowers. Again.</title>
		<link>http://welcomehomenwi.com/2009/12/fannie-mae-gets-tougher-on-borrowers-again.html</link>
		<comments>http://welcomehomenwi.com/2009/12/fannie-mae-gets-tougher-on-borrowers-again.html#comments</comments>
		<pubDate>Wed, 16 Dec 2009 17:22:10 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Guideline Change]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1284</guid>
		<description><![CDATA[Fannie Mae raised the bar for mortgage applicants this past weekend.  Getting approved for a home loan just got harder. In its official announcement, Fannie Mae says the updates minimize long-term lending risks.  If that&#8217;s the case, this won&#8217;t be the last guideline change Fannie Mae makes &#8211; especially with loans defaulting at an above-normal [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>No Changes Set Forth for 2010 Conforming Loan Limits</title>
		<link>http://welcomehomenwi.com/2009/11/no-changes-set-forth-for-2010-conforming-loan-limits.html</link>
		<comments>http://welcomehomenwi.com/2009/11/no-changes-set-forth-for-2010-conforming-loan-limits.html#comments</comments>
		<pubDate>Wed, 18 Nov 2009 16:28:19 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Mortgage Limits]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1180</guid>
		<description><![CDATA[A conforming mortgage is one that, quite literally, conforms to the mortgage guidelines set forth by Fannie Mae or Freddie Mac. Each year, the government sets the maximum allowable loan size for a conforming mortgage, based on &#8220;typical&#8221; housing costs nationwide.  Loans in excess of this amount are typically called &#8220;jumbo&#8221;. While home prices increased from [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae Passes New, Tougher Mortgage Guidelines</title>
		<link>http://welcomehomenwi.com/2009/09/fannie-mae-passes-new-tougher-mortgage-guidelines.html</link>
		<comments>http://welcomehomenwi.com/2009/09/fannie-mae-passes-new-tougher-mortgage-guidelines.html#comments</comments>
		<pubDate>Tue, 29 Sep 2009 15:40:19 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Guideline Change]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1020</guid>
		<description><![CDATA[Getting approved for a mortgage is about to get harder.  For the second time in less than 3 months, Fannie Mae announced changes to its mortgage guidelines.  In its official announcement, Fannie Mae details the updates, meant to reduce the mortgage firm&#8217;s overall risk. The first major change is with respect to credit scoring.  All Fannie Mae [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Home Buyers Need to Qualify Again on Sept 1st</title>
		<link>http://welcomehomenwi.com/2009/08/home-buyers-need-to-qualify-again-on-sept-1st.html</link>
		<comments>http://welcomehomenwi.com/2009/08/home-buyers-need-to-qualify-again-on-sept-1st.html#comments</comments>
		<pubDate>Fri, 28 Aug 2009 16:00:55 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Guideline Change]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=922</guid>
		<description><![CDATA[As a reminder, Fannie Mae is rolling out new lending guidelines Tuesday, September 1, 2009.  Starting next week, being approved for a home loan could be much more difficult. The new rules mark the first major underwriting update since April of this year.  The changes are mostly geared at fraud prevention. Among the updates: Stock options [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fannie Mae Restricts 2-Unit Borrowing</title>
		<link>http://welcomehomenwi.com/2009/07/fannie-mae-restricts-2-unit-borrowing.html</link>
		<comments>http://welcomehomenwi.com/2009/07/fannie-mae-restricts-2-unit-borrowing.html#comments</comments>
		<pubDate>Wed, 08 Jul 2009 15:04:20 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Guideline Change]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=400</guid>
		<description><![CDATA[For the first time in nearly six months, Fannie Mae is imposing strict, new guidelines on American homeowners.  This time, the hardest hit demographic is owners of 2-unit homes. In its official announcement, Fannie Mae listed the following changes to its 2-unit financing programs, separated by occupancy type. Primary Residence Purchase: Maximum loan-to-value drops to 80%; FICO minimums reset [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>How Improving Home Values May Lead To Easier Mortgage Approvals</title>
		<link>http://welcomehomenwi.com/2009/04/how-improving-home-values-may-lead-to-easier-mortgage-approvals.html</link>
		<comments>http://welcomehomenwi.com/2009/04/how-improving-home-values-may-lead-to-easier-mortgage-approvals.html#comments</comments>
		<pubDate>Thu, 23 Apr 2009 14:04:00 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Home Price Index]]></category>

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		<description><![CDATA[If falling home values is what prompted Fannie Mae and Freddie Mac to tighten mortgage guidelines in 2007 and 2008, America&#8217;s mortgage applicants may get their long-awaiting loosening within the next 18 months. According to a government report, the values of homes financed with conforming mortgages rose for the third straight month in February. This [...]]]></description>
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