Mortgage bankers and brokers have been complaining to me for weeks about the "adder" fees Fannie Mae and Freddie Mac have been tacking on for low FICO scores, high LTVs, and the like. But what about the market for investment properties where someone buys a home to rent out (presumably) and needs a loan? Remember that market? One Connecticut mortgage executive notes that the GSEs have reduced the allowable outstanding mortgages limit to four from 10. She said this has "killed any chances solid investors had for conventional financing on investment properties. It doesn't matter if the credit score is 900 and the LTV is 20%"â¦
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