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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae to make qualifying for interest-only loans tougher

By Implode-Explode Heavy Industries

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"Fannie Mae, the government-backed mortgage giant, announced Friday that it will tighten lending requirements for the interest-only loans and adjustable rate mortgages (ARMs) it backs."

Full post as published by Mortgage Lender Implode-o-Meter on May 01, 2010 (boomark / email).

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