As reported on February 26 , Freddie Mac has decided to stop purchasing and securitizating loans utilizing the interest only payment option. Freddie’s deadline for PURCHASING these loans was set as September 2010, however no application/LP approval date cut-off was provided in the bulletin.
Regards,
Anthony J Phillips
Anthony Phillips | Keller Williams Realty
Tel: 702.425.4762 | Anthony@mylvhomesales.com
3090 S Durango Dr # 106 | Las Vegas, NV 89117
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