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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 126962  
Subject: Re: Not Qualified Date: 11/25/2013 6:16 PM
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Sorry, should have read your link first to answer my question. Looks like one branch of the gov't doesn't know what the other allows. What a surprise.

For example, Fannie Mae lets lenders essentially annuitize the retirement fund assets of applicants over 59 1/2, turning them into the equivalent of income sources for prospective refinancers. Freddie Mac approves loans under similar guidelines.

IP
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