Fannie and Freddie Provide More Guidance On Streamlined Mortgage Refi Programs
May 21, 2009
As their ambitious refinance programs for borrowers with diminished equity in their homes begin to gather steam, Fannie Mae and Freddie Mac have provide additional guidelines for lenders that are facing a potential landslide of new business. The new Home Affordable Refinance programs designed by the government-sponsored enterprises and the Obama administration allow...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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