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Home » Store » News » Fannie Unveils Plan to Boost Minority Business Using More Affordable Housing Products via DU

Fannie Unveils Plan to Boost Minority Business Using More Affordable Housing Products via DU

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Fannie Mae announced this week what it termed a “major initiative” to help 6 million families – including 1.8 million minority households – become first-time homeowners over the next 10 years. Under the plan, Fannie Mae said it would modify its automated underwriting system, Desktop Underwriter, to accommodate more affordable housing products aimed at underserved borrowers. The company also pledged to
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