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» Freddie Mac Tightens Purchase Guidelines for Cash-Out Refinance, Sets Delivery Fees
Freddie Mac Tightens Purchase Guidelines for Cash-Out Refinance, Sets Delivery Fees
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In a move to incrementally tighten underwriting standards at what looks like the end of a production boom, Freddie Mac is changing its purchase polices for cash-out refinance loans - a product that has fed the current refinance wave.