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Daily Archives: May 22, 2013

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How New Mortgage Changes Would Impact Investors

Real EstateBy Andrew C. MacDonaldMay 22, 2013Leave a comment

April 19th, 2010… a day that will live in infamy. Well not quite, but it did introduce some pretty punitive mortgage changes (at least as far as investors were concerned). Key Changes Over the Past 3 Years Back in April 2010 investors lost the ability to purchase non-owner occupied properties at with 95% 1st mortgages. It’s…

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