America - Land of Foreign opportunity ? --
A large Korean bank is very close to gobbling up a huge percent of Lehman Brothers. China is dumping Fannie/ Freddie shares in favor of US Treasuries. Oh yes - there is gold in American financial landscapes if you have the bucks to play and foreign investors are jumping in with both feet. As conventional loans continue to tighten guidelines, look for a new breed of investor to enter the US Mortgage market with completely new underwriting guidelines. What this means to you is still up in the air but changes are coming...... stay tuned!
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............... Maryland FHA Expert
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