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Non-compliance on any part of the new regulations will result in getting on that list, Tomaselli said. “If you’re out of line with any one of those, Fannie Mae is going to put you on this ‘unavailable’ list that they created,” he noted.…
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Read more: FHFA fee hike on second homes a warning to originators “In an ongoing commitment to the safety and soundness of our housing finance system, the enterprises must consider risk exposure from their contractual relationships with…
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The 15-year fixed-rate mortgage dipped one basis point to 3.89% week over week. That’s compared to the average 2.34% 15-year FRM at this time last year. The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) remained unchanged…
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