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Volume 18 - Number 21

October 12, 2018

Freddie Expands Purchases to Community Land Trust Mortgages

Freddie Mac will begin purchasing community land trust mortgages next month to help support affordable housing efforts. Lenders have been reluctant to make loans on these shared equity homeownership programs because they considered them riskier and had to keep them in their portfolio.

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Poll

With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.
Yes, but only incrementally.
We’re pondering a move into non-QM, but haven’t made up our mind.
No, definitely not. We view it has too risky.

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