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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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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
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Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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