Fannie Mae will buy 97% LTV mortgages

Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product

MBA leaders challenge federal regulators to take action

MBA: It's time for the penalty phase to end

5 things you absolutely need for the MBA convention in Las Vegas

Every one of these is totally necessary
W S

Items Tagged with 'Fannie Mae'

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Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product
Jacob Gaffney
Fannie Mae CEO Timothy Mayopoulos said the government-sponsored enterprise will soon begin offering a 97% loan-to-value mortgage. Speaking at the Mortgage Bankers Association annual convention & expo, Mayopoulous said the government-sponsored enterprise is working “closely” with the FHFA to offer this product to all Fannie associates.
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Mel Watt and Julian Castro announce housing policy changes

MBA calls the policy changes "extremely positive"
Sarah Wheeler
Attendees at the Mortgage Bankers Association's Annual Convention & Expo think the changes are good. Really, really good.
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Fannie Mae to make proprietary appraisal tool available to lenders

Lenders can use Collateral Underwriter in 2015
Ben Lane
Beginning in early 2015, Fannie will make Collateral Underwriter available to lenders as part of its industry tools package, which also includes Desktop Underwriter and Early Check.
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Here’s how FHFA opening the credit box could affect the industry

Compass Point: Originators, builders, mortgage insurance benefit
Trey Garrison
It’s likely that Federal Housing Finance Agency Director Mel Watt will announce a number of policy steps aimed at increasing mortgage credit availability when he speaks at the Mortgage Bankers Association Convention & Expo on Oct. 20.
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Is the Massachusetts AG's run for governor compromised by GSE buyback lawsuit?

Nonprofit CEO also co-chairs Coakley’s campaign finance committee
Ben Lane
Massachusetts Attorney General Martha Coakley stands accused of failing to disclose close ties between her gubernatorial campaign and a nonprofit that’s at the center of the State of Massachusetts’ lawsuit against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac over buyback programs.
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FHFA, Fannie & Freddie near deal to open mortgage credit box

Deal could set fire beneath stagnant mortgage lending
Trey Garrison
As readers of HousingWire know, Federal Housing Finance Agency Director Mel Watt has been working towards a plan to open what many see as underwriting standards that are too restrictive. Now, The Wall Street Journal is reporting that Fannie Mae and Freddie Mac may be close to adopting Watt's initiative.
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Moody’s Mark Zandi: Don’t mess with the g-fees

Zandi says it won’t bring in the private capital
Trey Garrison
While many argue that higher g-fees are necessary to entice more private capital into the mortgage market, Mark Zandi, Chief Economist at Moody’s Analytics, believes this is a stretch.
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Mortgage lending regulation compliance costs up 30%

Fannie Survey: New regulations have significant impact
Trey Garrison
Most lenders believe new regulations have had “significant” impact on their business, according to the Third Quarter Mortgage Lender Sentiment Survey of senior mortgage executives conducted by Fannie Mae.
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Fannie Mae: 4 ways new regulation deeply impacts mortgage lending

Here's why new mortgages are so hard to come by
Jacob Gaffney
The Consumer Financial Protection Bureau is not alone in passing new rules, as we all know. The Federal Reserve and the Federal Deposit Insurance Corp. also have new rules, for example. And now it's just a fact; these rules stymie mortgage lending in four distinct ways.
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Earnings preview: Wells Fargo, JPMorgan, Citi kick-start earnings Tuesday

So far, housing remains lukewarm in 3Q
Brena Swanson
Tuesday marks the next round of bank earnings, with Citigroup, Wells Fargo and JPMorgan Chase once again paving the way for the housing and financial markets. Here’s where the market is predicting earnings will go.
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