Relevant:
- Fannie Mae Tightens Mortgage Standards For Some Home Buyers
- FHA May Require 10% Down from Low Credit-Score Borrowers
- Bernanke: Mortgage Lending an Exception to Improving Picture (No Sh-t Sherlock!)
- Fannie Mae Raises FICO Requirement for All Loans
- Mortgage lenders tighten screws on credit in echo of 2008
2008-04-02 — bloomberg.com
'- Fannie Mae, the largest U.S. mortgage-finance company, told lenders it will no longer buy most loans made to borrowers with credit scores below 580 as it tightens lending standards amid a slumping housing market.'
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