General

Old brick house with multiple entrances Brett - stock.adobe.com The Housing and Economic Recovery Act of 2008 modified government-sponsored enterprise housing goals, which had been in effect since 1993, but in doing so it omitted an…
Read More...

Mortgage industry stakeholders Tuesday called on Fannie Mae and Freddie Mac to implement more competition in credit scoring models during the latest session of a lengthy review process. Credit scoring agencies were the loudest proponents…
Read More...

DSCR - A typical non-QM Debt Service Coverage Ratio (DSCR) loan allows a borrower to qualify for a mortgage based on cash flow generated from an investment property – through a rental, for example – as opposed to their personal income.…
Read More...