Loans originated on or after Oct. 1, 2017, are eligible for new high loan-to-value streamlined refinance programs being rolled out by Fannie Mae and Freddie Mac. And one analyst said despite more investor exposure to defaults, he views the programs as a good move in the event home prices begin to trend downward. A year after the Federal Housing Finance Agency’s initial announcement about the streamlined refi program, the regulator set the eligibility date and provided more program details last week. “The eligibility date was...
Our ranking of the nonconforming sector is divided among lenders that specialize in the products and those where it accounts for a small slice of production.
One lobbyist told Inside Mortgage Finance this week he believes that Watt eventually will strike a deal on the issue with Treasury, but he was uncertain how it might play out.
RSS