The Hits Just Keep Coming
October 15, 2008 
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Just got an email from one of our favorite “investor-friendly” conventional lenders (yes, it’s an oxymoron), Vertice. Effective yesterday, they are reducing the max LTV on all investment properties to 80%. They say this is “in response to changes made by Industry partners” but they are going even more conservative than the recent Freddie/Fannie rules [...]
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