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Tom’s Take #21 – Fannie Mae just made it easier to qualify for a loan

 

Breaking news from Fannie Mae, the allowable debt-to-income ratios for conventional loans will be increasing as of July 29th.  Not only will this help Buyers and Seller, but the Consumer Financial Protection Bureau (CFPB) is making the closing process easier by lightening regulations.  Check out episode #21 of Tom’s Take to see how that will affect today’s consumers.

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