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Home » Store » Inside Mortgage Trends » GSE Lenders Reach for Refi Business in 2Q17

GSE Lenders Reach for Refi Business in 2Q17

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Inside Mortgage Trends

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Mortgage lenders that sell loans to Fannie Mae and Freddie Mac opened the credit box slightly for refinance borrowers during the second quarter, according to a new Inside Mortgage Trends analysis of mortgage-backed securities data. Some 24.8 percent of refinance loans securitized by the two government-sponsored enterprises during the second quarter had credit scores below 700. That was up from 22.6 percent in the previous period and just ... [Includes two data charts]
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