Fannie Mae and Freddie Mac-All Access Letters- Does Fannie or Freddie require an “all access letter” from a bank, when the accounts have more than one person listed as an account holder?

Answer: This requirement is not specifically stated in the Fannie/Freddie selling guides.  However, the way the selling guide reads would likely indicate to the lenders that the borrower must be the “account holder”.  Many folks believe that unless you are in ‘first place’ on the statements, you are subordinate to all other persons on that [...]