Financing and Lava Zones 1 and 2
Posted By Admin on July 20, 2009
Mortgage giant Fannie Mae officially declared in its June selling guide that it would no longer purchase or securitize mortgage loans in the Big Island’s lava zones 1 and 2, where the probability of lava flows is greatest.
Here is a link to the full article in the Star Bulletin
http://www.starbulletin.com/business/20090719_Lava_loan_meltdown.html


Comments
Leave a Reply
Please note: Comment moderation is currently enabled so there will be a delay between when you post your comment and when it shows up. Patience is a virtue; there is no need to re-submit your comment.