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Home » Store » Taxable » Fannie Mae Tinkering With Predatory Lending Program

Fannie Mae Tinkering With Predatory Lending Program

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Changes are afoot for Fannie Mae’s predatory lending pilot refinance initiative in Chicago. In general, the aim is to boost the number of loans that are closed through the program. "We’re going to make it work," said Jason Kiely, spokesman for the National Training and Information Center, of the pilot program about plans to take a more "hands-on" approach to the Anti-Predatory Lending Refinance Initiative, established last July to refinance predatory mortgage loans. So far,
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