Fannie/Freddie Conventional Conforming Changes; Strong Economy Nudging Rates

Posted To: Pipeline Press

Yes, we change our clocks this weekend, losing an hour, although some states have escaped this ordeal by not using Daylight Savings Time. Different states do things differently. As it turns out, unfortunately, there are certain states that have better (and worse) reputations for living standards for women. Since baby boomers like lists, here you go . The lion’s share of current loan production is heading toward Fannie Mae and Freddie Mac in the form of conventional conforming loans. Let’s see what tweaks to underwriting and policies lenders and investors have been doing lately. To begin with, many firmly believe that America needs a public option for mortgages – maybe not both Freddie and Fannie. We all know that in 2008 they were placed into receivership by the U.S. government, and everyone…(read more)

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Source: Mortgage News Daily

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