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November 13, 2014

Fannie Says MI Assessment Crucial to Revival of 97 Percent LTV Program

By Charles Wisniowski

Sources said previous requirements for a standard 97 LTV product, which Fannie offered until November 2013, are being considered.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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