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MELVILLE, N.Y. – June 12, 2008 – Homeowners have been getting their home-equity lines of credit frozen or pared down by lenders trying to cut risks.
It happened to dentist Michael Sherman, who can’t touch his $100,000 credit line for bathroom renovations because he has little equity in his home, and to homeowner Suzanne Dzolan, ...
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Wednesday, May 21st, 2008Dear Jeanne,Mortgage financing company Fannie Mae has instituted a new, single down payment policy, doing away with its "declining markets" requirements.Fannie nixes declining markets down payment requirements
The mortgage finance giant has adopted a new, single down payment policy, doing away with its ...
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