The Investor Insights

So, last year when Fannie and Freddie freaked out and imposed all the crazy new rules for conventional loans, the biggest slam to us investors was the “maximum of 4 properties financed” rule. Basically it said that the max number of properties we were allowed to have financed using conventional loans was 4 – and [...]

By Jerry Ascierto HousingFinance.com Fannie Mae and Freddie Mac are getting tough on cash-out refinancings for multifamily borrowers. The government-sponsored enterprises (GSEs) are changing the way they underwrite cash-out refis, with Freddie Mac announcing stricter terms in January and Fannie Mae expected to tighten up in the coming days. A cash-out refinancing—when a property is [...]

OK, we’ve been trying our best to stay positive in this financial tsunami that we find ourselves in but I think it’s time for Plan B. Max Number of Financed Properties Effective December 1st, Fannie Mae’s maximum number of financed properties allowed when the loan is secured by an investment property is 4. If you [...]