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Home » Store » Taxable » Bill Would Likely Bar GSEs From Automated Underwriting

Bill Would Likely Bar GSEs From Automated Underwriting

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Housing industry groups continue to debate whether drawing a “bright line” between the primary and secondary markets would prevent Fannie Mae and Freddie Mac from providing key services, including automated underwriting, for small lenders. The provision is included in S. 190, which calls for a new GSE agency to establish a more exact firewall between the secondary market and the primary market. …
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