Carson, Fannie Make Lender-Friendly Announcements, Watt Keen on Language Preference and Alt Credit Scoring
October 26, 2017
Officials from the Department of Housing and Urban Development and Fannie Mae made lender-friendly announcements this week at the Mortgage Bankers Association’s annual convention, while Melvin Watt, director of the Federal Housing Finance Agency, focused on some issues that he acknowledged might not be popular with lenders. HUD Secretary Ben Carson said the department is working to make lenders more comfortable originating FHA mortgages. “We have heard ...