tag:blogger.com,1999:blog-6739442929159985935.post1058902872500409718..comments2023-07-11T04:30:30.172-07:00Comments on Condo Issues.com: Sub-Prime Backlash?Tyler Berdinghttp://www.blogger.com/profile/03447615900980759254noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6739442929159985935.post-76682273196250387642008-07-03T13:01:00.000-07:002008-07-03T13:01:00.000-07:00In reviewing the AIG United Guaranty ineligibility...In reviewing the AIG United Guaranty ineligibility criteria on its website I found that what has been described as total redlining of properties in declining markets (includes SFRs also)is more of a tightening of criteria for those markets. For example, in a declining market and for a 1 unit primary residence, loan amounts up to $417,000 with LTVs higher than 90% or credit scores lower than 680 are ineligible. This is not a blanket redlining that some articles in the press seem to indicate.<BR/><BR/>Mark Zoeller<BR/>MarkZoe@aol.com<BR/>29776 Horseshoe Dr<BR/>Coarsegold, CA 93614-9185Anonymousnoreply@blogger.com