Multifamily Lending Caps Of The Government- Sponsored Enterprises To Be Suspended

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In: Realtor News

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Certain restrictions imposed on Fannie Mae and Freddie Mac have been suspended by the Federal Housing Finance Agency and the US Department of Treasury. The Preferred Stock Purchase Agreements (PSPAs) which restricted Fannie and Freddie’s ability to fund high-risk mortgages,Continue Reading

Change In GSE Policy Leads To Difficult Hoops In Mortgage Standard

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In: New Home Mortgage News

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Mortgage credit availability has hit a 10-month low, which ended more than half a year of credit supply gains. Last weekend, the Mortgage Bankers Association reported a fall in its Mortgage Credit Availability Index (MCAI) by 8.5% to 118.8 inContinue Reading