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Freddie Mac Eases Rules Florida Condos

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Woody Says...

Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida.

The move could make it easier for some owners to sell their units

On Wednesday, Freddie said it would waive some of those rules over the next year on units where the mortgage was already owned or backed by the company

Read more from the Wall Street Journal:
http://blogs.wsj.com/developments/2010/03/31/...

Posted 4/1/10 4:39 PM

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