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March 10, 2014

Fannie and Freddie Must Now File SARs With FinCEN

By Paul Muolo

The new regulations seek to streamline the reporting process and provide more timely access to data about potential fraud.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results