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Fire-sprinkler costs reconsidered; epoxy for wood rot; credit-card commiseration; a vote for country of origin
Leak-free chimney; stainless steel screws and copper; subslab vapor-barrier details; credit card warning
Fannie Mae is offering competitively priced debt for the affordable housing industry as it mulls a return to the taxexempt bond credit-enhancement market.
Freddie Mac is focusing on both the beginning and end of a loan’s life cycle to help lenders and borrowers get through the credit crisis.
When 2008 began, multifamily professionals were hopeful the credit crunch, which started in mid-2007, was beginning to turn around.
Commercial banks have scaled back balance-sheet lending in the second quarter of 2008, while steering customers to Fannie Mae and Freddie Mac permanent loan programs.
It may not be the only game in town, but Freddie Mac’s swap product is the most compelling thing in the market these days for developers using tax-exempt bonds to fund their projects.
Freddie Mac is lowering its pricing even as its credit standards grow more conservative in the first half of 2008.
Fannie Mae is processing deals hand over fist this year even as it makes significant adjustments to its credit standards.
Fool me once, shame on you. Fool me twice, shame on me.
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