Friday, June 30, 2017

Fannie and Freddie Conventional Conforming Changes Across Multiple Lenders

Posted To: Pipeline Press

Huh? The year is half over? Didn't 2017 just start? Time has a way of flying by. Via rocket ship. July starts tomorrow… and we hear of a new marketing idea. SoFi is offering a month's worth of avocado toast to anyone who takes out a mortgage with it in July. Freddie, Fannie, and conventional conforming changes Here are substantive changes that companies are implementing thus impacting LOs and borrowers, thus make their way into the secondary markets. There is a lot of headline news about housing and GSE reform. I'll cover some of that next week, as a portion of it is merely posturing and making opinions known rather than actual action items like these. Last June the Federal Housing Finance Agency ( FHFA ) issued a final rule amending its regulations to allow certain state...(read more)
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from Mortgage News Daily http://ift.tt/2s8X4UI

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