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Home » Store » News » GSEs, Industry Attack HUD High-Cost Reporting Rules

GSEs, Industry Attack HUD High-Cost Reporting Rules

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Mortgage lenders are crying foul about new subprime reporting requirements the Department of Housing and Urban Development appears set to impose on companies that do business with Fannie Mae and Freddie Mac. The proposal, which has yet to be made public by the agency, would require the two government-sponsored enterprises to report loan-level data that includes the annual percentage rate, credit scores for the borrower and co-borrower, the debt-to-income ratio and the points
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