GSEs Will Begin Tracking Loan Originator, Property Appraisal Data in 2010 Business
January 22, 2009
Regulators are ratcheting up the data-reporting requirements on mortgages sold to or guaranteed by Fannie Mae and Freddie Mac, raising compliance costs for lenders to some extent while also enhancing the industry’s ability to combat fraud. Late last week, the Federal Housing Finance Agency announced that Fannie and Freddie will be required to obtain loan-level identifiers for the loan...