GSEs Continue to Tweak Home Affordable Refi Programs as Refi Surge Lifts MBS Production
July 1, 2009
Fannie Mae and Freddie Mac continued to fine-tune their streamlined refinance programs designed for borrowers with equity deficiencies, even as a landslide of refi business poured through the secondary market in the second quarter. Fannie recently expanded the range of potential borrowers who can take advantage of its Refi Plus program, while Freddie formally rolled out...