Items Tagged with 'mortgage finance'

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Fannie Mae lowers mortgage risk with new credit scoring system

Trended data expands credit box for consumers
Fannie Mae is rolling out new initiatives that will make it easier for some borrowers to get a mortgage. The GSE is now requiring lenders to use trended data when underwriting single-family borrowers through Desktop Underwriter, a move that TransUnion said could increase the number of people in the Super Prime risk tier from 12% of the population to nearly 21%.
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It's official: Fed punts on interest rate hike

What’s next and what it means for housing and mortgage finance
The Federal Reserve said today it is not raising the federal funds interest rate. This means the next chance the Fed will have to raise rates will be in late October. Here's what this, and what a future hike, means for housing and mortgage finance.
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Beige Book: Real estate activity up in all 12 districts

Rental demand stronger, new construction barriers remain
Reports from the twelve Federal Reserve Districts indicate economic activity continued expanding across most regions and sectors during the reporting period from July to mid-August, and residential real estate was solid. Read on.
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