Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
W S
Lending / The Ticker

Fannie Mae sends update on National Mortgage Insurance

/ Print / Reprints /
| Share More
/ Text Size+

Fannie Mae used a letter to lenders to confirm the GSE has approved National Mortgage Insurance Corp. (NMI) as a mortgage insurer with permission to provide policies for conventional first mortgages.

Fannie Mae said NMI is not licensed to write mortgage insurance in every state, but it continues to try and obtain licensing within individual jurisdictions. Loans backed by NMI insurance can be delivered to Fannie Mae on or after June 1, 2013, if they possess notes dated on or after Jan. 16.

Clear here to read the letter for lenders.

 

 

Recent Articles by HousingWire Staff

Comments powered by Disqus